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This is now the third owner I’ve met who owns a dilapidated rental property (in an expensive market) who was open to selling but ultimately passed on the deal because of the capital gain tax hit. Their rationale was t...
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Hi all,I have everything in place to close on a property purchase, however, Seller is wanting to take on another contract, because closing was delayed by a week, and we did not have an amendment to officially extend t...
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Cohoes, New York: My tenant (and her co-signer) owes me 10k in backpay for rent. Her lease is up at the end of November. (This month) Our property manager said that the tenant's attorney wants me to renew our lease f...
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Hey Guys,In a competitive market, what time frames are you giving on your contingencies? My agent is suggesting a 10 day loan, appraisal and inspection. 30 day close.Does that seem a bit aggressive? We've identifie...
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Even when you love your job there are parts of it that can feel like a drag. What is your least favorite part of our industry?
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I am in the process of refinancing my loan and as most have experienced it is taken a very long time to close. I am towards the end of closing after what seems like forever working with my lender and when they sent me...
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Hey I was inherited a house valued around 30k with a LONGG term tenant, but haven’t had property insurance on it for a long time. To cover myself I would like to put a policy on this property, something basic and will...
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Hi guys,I'm currently aggressively saving for a down payment with the goal of getting into the student rental market. Once I get my first property, my goal would obviously be to maximize cash flow. In that regard, I'v...
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Just letting you guys know, Gov Wolf is about to ban short term rentals in Pa. Monroe County, Pa (the Poconos) is a huge spot for Ny’ers both owning and coming out this way has made Monroe County a hot spot for Corona...
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BP,
Wanted to bring to your attention a package of bills introduced to City Council on Thursday addressing Tenants' rights. Three sponsors (of 17 Council members). Some major points in the bill;
Extend the eviction...