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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...