Ralph S.
HUD's Neighborhood Stabilization Program (NSP)
Has anyone participated in any of these? HUD's NSP funds, part of the Recovery Act, are passed onto the states and local municipalities, and there seem to be a lot of state/local control over how the funds are used. ...
John Cohen
Multifamily Value-Add or Stabilized???
Wanted to go out to the bigger pockets communityWould you rather a value-add deal or a stabilized deal?Why?If you were going to buy a 50 unit complex or bigger what type of deal would you wan to do. Also if anyone has...
Pat Bisz
"seller financed" rent-stabilized property
Queens, NYC. I live in 6-apartment rent stabilized building that the landlord just put on the market. Three apartments are taken-up by my family members, while the other 3 are taken up by other old-timers (grandmas an...
Tory Sheffer
33 Unit Stabilized in Michigan
Investment Info:
Large multi-family (5+ units) buy & hold investment.
33 Unit stabilized property with under market lease rates. There are also +/- 3000 sf of building on the property that is under utili...
Michael Baffuto
Rent stabilized, rent controlled, etc.
Hi All,
I’m looking at a property in NJ for a house hack. I’d live in one unit and rent the other 2. In union city you can increase the rent as much as you’d like as long as you live in one unit. The moment I move ou...
Chelsea Canning
Rent Stabilization Act guidance needed
I am in a landlord situation where I bought a duplex with intent to move into the unit (“Investor realtor” gave very erroneous info during purchase) but Covidhappened and I was unable to remove the tenants due to the...
Mimi H.
Vancouver, BC rent control / stabilization?
Hi BPers,I'm wondering if anyone here has experience in the Vancouver, BC rental market with long term tenants. Currently, it looks like Vancouver has a rental increase cap of 2.9% annually. Does this get "reset" to m...
Henry Chen
Rent price vs tenant stability
Hi BP family,
Like to get your take here. One of my 2bd condo should be able to rent out for $1700 according to few sites I've researched. However the next door neighbor in a 1bd asked if I would rent for $1500, and ...
Wesley Thompson
Bringing on Investor After Stabilization
On a recent BP podcast episode David spoke briefly about stabilizing a property, and then bringing on an investor. I've never heard about this strategy before and curious if anyone has done it, pros/cons, and what the...
Wendy Man
Minneapolis rent stabilization working group
"Minneapolis group recommends strict rent-control plan to City Council"The group split with 14/25 voting to recommend a strict rent-control plan like the one that St. Paul passed last year, and 11/25 to recommend a pl...