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Hello friends,I am coming to a dilema on this letter I received from DHCR and hope someone can assist me. This letter i received basically says that due to my tax exemption history on a 3 unit house, my house is subje...
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Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
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Hey all,First time poster here! Just started to get my feet wet in the real estate space and I'm reading as much as I can to learn as quickly as I can. I'm interested in being a passive investor (I'm a young doctor wh...
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Is there anyone that invests in New York City multifamily that has successfully de-stabilized/deregulated a rent stabilized multifamily apartment building in New York since the 2019 changes to rent regulations?
It s...
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Hi All -
A friend and I just opened escrow on a 3 unit (3br - $1500 in rent, 2br - $1350 in rent, & 1br - $850 in rent) property in Los Angeles, CA. The property is rent controlled and all units are currently oc...
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Hey guys, I've been looking at this property in Brooklyn. It's 7 units, 4 of them are vacant and 3 of them are occupied but it's rent-stabilized. One of the units is occupied by a senior citizen so I already know ther...
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Sorry, I meant to say Cleveland vs Cincinnati, but there's no way to edit the title.... Or should I be considering Columbus too?I'm researching out of state investment areas for cash-flowing, long-term buy and hold S...
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Hi, I will be building a detached adu in my backyard (new construction ground up) does anyone know if it will fall under the rent stabilization ordinance? Im in the southbay area, city of los angeles 90247. i own a si...
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I am evaluating a property with 6 rent stabilized units in the Bronx. The upside is in potentially raising rents and I'm wondering if anyone has done this. Based on my research (http://www.nyshcr.org/Rent/factsheets/o...
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A lot of BPers have discussed the supply response in Denver. An interesting read & video. Experts Say Soaring Rent Prices are Beginning to Stabilize in Denverhttp://www.thedenverchannel.com/news/local-news/expert...