I am closing a deal this Friday and the sellers settlement attorneys have issued me a Gramm-Leach-Bliley Act notice stating the following "In compliance with the GLBA, we are providing you with this document, which...
After many years of working in the property management and real estate sectors I am looking to get out of the management office and more into the field of providing a regular maintenance/property guardian service. The...
Hi All -A bill was recently passed to allow Accessory Dwelling Units (ADUs) (<900 SF) to be built by-right in single-family zoning districts.https://www.mass.gov/info-details/accessory-dwelling-unitsMy understandin...
So I am acquiring my first property to buy and hold. If everything goes on schedule the unit should be rent ready in mid-December. I have been a prospective tenant that seems to be a good one. They want to lease th...
I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...
I had a tenant who I also knew personally for years ( I know big mistake) She has been a pain from the beginning. Never paid her entire deposit, owes late fees, had unauthorized pet, did not take care of appliances an...
I am evaluating an under market for a rent controlled unit currently occupied by a tenant in NYC. The property is a foreclosure so I can’t get any information from the previous owner. The rents collected are about hal...
I'm preparing for my first full rehab on my rental property. I've been looking for a General Contractor and all are booked at least 8 weeks out. I don't want my property to sit vacant longer than it has to. To avoi...
Hello everyone!!
Today, I want to discuss the importance of the Sponsor Underwriting Process. Part I.
Introduction
Sponsor underwriting is a critical aspect of real estate and investment analysis. It involves e...
Hello all,
As part of my Roth 401K plan I am able to use a portion of my account balance as a self directed investment account. I know I am able to invest that money directly in real estate with the caveat th...