Charles Biederman
Bungalow tax exemption in New York State
Has anyone researched whether a short term rental of a single family home meets the NY bungalow exemption from hotel taxes? Any leads most welcome. Thanks
Jesse Smith
Tricky "Tri-plex" Questions
I'm considering purchasing a large home that was converted into three living spaces, with the potential for a fourth. Being a home conversion, it has a few oddities. I'll list them from most concerning to least. Pl...
Meredith Mihm
I just agreed to a land contract?!
We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
Rodney D.
ADVANCED - Anyone found a way to lookup current mortgage payoff?
Hi all,This is actually a 2 part question for fellow foreclosure investors:1. Mortgage PayoffHas anyone found a way (or pay-service) to obtain a CURRENT mortgage payoff for mortgage/note WITHOUT owners authorization? ...
Kush Patel
First Multifamily Deal: 60 Unit Apartment Complex
Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
Anna Watkins
Tax implications of renovating a long-term rental to sell??
I am a small-time landlord with 6 SFH rentals, all of which were purchased to be rentals (retirement income - I spend an inordinate time worrying about retirement lately) and all have been rented since purchase. I ...
Andrew Bredholt
Rental Cert. Questions
I'm hoping to get some help on a few questions I have regarding rental cert. issues in Des Moines. One of my rentals did not have a rental cert. on it before the tenants moved in. The inspection was done about a week ...
Alyssa Magyar
Creating an LLC to operate the rental business worth it?
I currently have the mortgage of my townhome i own in my name, and is currently my primary residence. I plan to turn this into a STR/MTR in March 2023 fulltime. My lender was not clear about what would happen if I tra...
James Mosley
HOA
First off. I have a super sensitive tenant. HOA is trying to fine me for him harassing them about other tenants. Other tenants in the condo community are now filing complaints. Does the HOA have the right to fine me o...
Sami Gren
tenant keeping stuff in hallway
I have a rule In my buildings that Nothing is allowed in hallways, all tenants are compliant. one tenant recently started puuting out stuff, her mop and bucket, big kids bike etc. I have asked her please not to keep i...