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What ratio's do you LL's use to qualify a section 8 applicant? I have a prospective tenant with a voucher for $1,575 (the rent amount) and an SSDI income of $908/yr. This person also receives food stamps in an unkno...
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Hey BP members!We are turning over our first unit and just listed it a week ago. Within two days we had an eager potential tenant that is currently living w/parents while looking to lease ASAP. They've been in the liv...
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Hi! One of my units is opening up in September. We decided to raise the rent by 12.75% and put it on all the listing websites, but most importantly StreetEasy (the go-to website for rentals in NYC). Since we put it ...
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I am trying to get a clearer shorthand of real estate development.For the purposes of this discussion, imagine there is a parcel of land that a developer sees as potential for a housing tract. The developer has also o...
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Building cost went up significantly. Building an industrial warehouse was $100 psf few years ago. Now it is almost double. Any advice how to lower the cost? Manage the project myself? How to proceed? I have time and d...
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Hi All!How to identify up and coming neighborhoods for real estate investment? What websites or databases do you use for this research?Thank you.
Hello everyone,Anybody has any experience with moving street light pole ? I need to move the pole 15 ft south on the property to make the garage a front load. Is it a costly and time consuming adventure ? How far the ...
I have read the majority of the books recommended on BP I have a lot of family that are in real estate that give me advice on what to do and not to. But my question is when is the time to buy something I understand th...
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I see where evictions will be prevented in the new executive order, does this mean tenants can not pay and still live in your property? I know the same kind of deal was in place through July and we didn’t face any non...
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So, after starting an application with a lender on these forums back in December, who took all the forms, checked my credit, and then suddenly stopped replying to emails, calls, and texts, I now have offers for a refi...