Hey guys, I'm looking at buying a multi-family house hack in SJ and wanted to get some clarity on the rent control laws:1. Does the 5% max rent increase (8% if substantially rehabbed) apply to ALL SJ apartments or jus...
So, friend recently told me that his brother paid 15 % of first year's rent ($6,000 * 12 months) to his realtor for renting his place out in NYC. Is this normal?
I have a spare room in a 2BD/2BA apartment. I rent the apartment unit and I am looking to rent out the extra room. I was going to use the two rooms for myself, but decided to rent out the spare room. What are the tax ...
We have a mid size apartment building (25 units) and just found out that the only trash company in the tri-state is planning to build a waste transfer station across the street. I know from an environmental impact thi...
My partners and I have been trying to get financing for a 55 room motel for a couple of months, but many of the banks are hesitant about lending now. We found a bank that was willing to set us up with a SBA 7(a) loan ...
Hey everyone, so I purchased my first duplex in Bay View, which is an insanely hot market at the moment. I want to hear from some experienced individuals. What's the consensus on purchasing properties in Saint Francis...
I feel like turnkey would be the easiest to quickly get cashflow and expand the portfolio. But I fear that it wouldn't be fast enough. Multifamily would allow you to invest more at once, but they are flying off the sh...
TLDR; I prefer buying in a high interest rate environment and then refinancing in a handful of years, rather than buying in a low interest rate environment and refinancing in a handful of years.Wanted to share my thou...
I know many don't really care about banking situation in our country. A couple sobering thoughts for those paying any attention.
1.http://www.digitaljournal.com/article/283688 FDIC lost money for first time since 1991...
Hello All,For the last year or year and a half I have been hearing people (in person or online) saying that the housing market is bound to crash, with the inflated prices of most homes going down significantly. But th...