Hey gang, just wondering why have a lease in tenant friendly states, like Ny, Nj or Cali? If deadbeat tenats don't want to pay and break lease and you end up with an eviction, what's the point?
Investment Info:
Large multi-family (5+ units) buy & hold investment in Fort Lauderdale.
Purchase price: $582,500
Cash invested: $125,000
I purchased a 6 unit building in my neighborhood and spen...
Recently I've been experiencing an increase in damage to my properties from guests. I list my properties on both Airbnb and HomeAway and when there is a claim to be filed Airbnb has become ever more scrutinizing than...
Hey all, I'm curious what you think about homes listed over FMV. Specifically, homes listed at $100,000 over or double recent FMV analysis. Is it pretty common while the market is adjusting upward, and will FMV catch ...
Hey everyone,
Looking for advice on a JV agreement. I know lots are out there but I am not sure if all are created equally. I am wondering if someone is willing to send me a copy of what they are using these days so...
The numbers:3 BR/1.5 BA SFH in good neighborhood with an in-ground poolSale price: $80KEstimates renovation costs: $35KARV: $175K to $185KEssentially the owner is an older gentlemen who was working on getting the prop...
Hello,I am planning to obtain a loan through the VA and purchase a four-plex around the Chicagoland area. Has anyone used their VA loan for purchasing a four-plex? If you have, I would like to ask if you can share you...
I attended an NYC Landlord presentation a few weeks ago. Below are some of the changes to NYC laws. Please add to this post or correct any errors I may have written.
The Housing Stability and Tenant Protection Act o...
Hi there, I recently heard from an investor that the courts are beginning to crack down significantly on Lease Option and Rent to Own programs when a "rent credit" is involved. It had something to do with the tenant n...
I want to lease option a property which is listed with a realtor and then immediately assign my option to a tennant buyer I have already qualified. I will get a fee for my assigment from the tenant buyer and then "wa...