Let's say I were to buy a building in New York City and my business plan to increase rents was to buy rent-controlled tenants out of leases. Once a tenant leaves, the rent-controlled unit becomes free market. Is this ...
Hi,Would love to know from professionals in the area - how do you see the market's impact by the Corona virus ? layoffs, demand, etc. ?Best,Ziv
Hello,After rehabbing a two-family in Cincinnati, I am now beginning to pursue a cash-out refinance. My initial discussion with Quicken has led me to believe that some of the governmental guidelines around these mort...
Hi BP, it's been a while since I've last posted but that doesn't mean I haven't been following the interesting posts on the BP forum. I've tried searching for answers to my questions on the forum with no luck, so her...
Hi Guys, Im a Broker and work with many Pre-foreclosures in NY. Im wondering how these websites get all the E-filed documents for all the properties in the area in bulk? I need to look up the properties on Propertysha...
The Employee Retention Tax Credit (ERTC) was created as part of the CARES Act. The purpose of it is to incentivize bosses to keep their employees on the payroll even in the midst of the terrible impacts the businesses...
It is often said that in Real Estate, choosing the right location is the most important choice you’ll make, and I couldn’t agree more. We all understand that, however, it’s usually left unclear as to what exactly a “...
Hello All,I am about to pull the trigger on my very first flip, but when I narrowed down the unit I wanted to purchase I found that it is a Fannie Mae HomePath property. According to my agent this is a governmental p...
I bought my first home/rental property 2.5 years ago with an 30 year FHA mortgage. I only had to put down the 3.5% and I am currently renting out two units while I live in the other (triplex). I do have PMI ($105) for...
What do you guys know about this new bill? I am from Venezuela and I live in Miami, it seems I will not have a chance to buy here after July 1st. If anyone knows any other way please let me know. Thank you.