On the 14th of June 2019 New York state passed a lot of new laws for Landlords to follow. I work in residential and this is what I have learned so far from all these changes.
1. Eviction Process: There is now a 14 ...
Is it reasonable for a person to sell a property in less than 45 days with no improvements for 30K more than acquisition? Purchased property at 155K cash, selling for 185K. It is a familial transaction to a close fami...
So renting out my single family again and I have a couple qualified applicants. Just coming across some things that I havent had to deal with yet. My previous tenants moved in the first of the month.So I charge $925...
Here's an interesting one: After the last snow storm a few days ago, my tenant told me my snow blower wasn't starting. So, I hop online and call a few companies that do snow plowing. I get ahold of one (Contractor 1),...
Hello, I’m interested in investing in real estate, buying houses, flipping and renting. I have a 730 credit score and $8k cash. I would like to know what avenues best suits me. I would also like to collaborate with ot...
How are things going in the slimy world of Sub-To investing these days?
I've heard that a lot of the Sub-To deals that the bank's have previously turned a blind eye to are having their Due On Sale Clauses enforced no...
I was the highest bidder for second mortgage auction. What should I do with the first mortgage lender ( senior lien) that is going to foreclose at the property next month. How can I stop the foreclosure sale? I don't...
I'm closing on my second STR in January. I have enough capital to put 10%-20% down on a few more next year, which would likely allow me to quit my day job, but I'm worried my DTI might be an issue when trying to obtai...
I'm starting to research rehabbing more and I'd like to understand the process a bit more in depth. I feel I have a decent understanding of how to run the numbers (you get better with it through experience) and I und...
Hello BP, I am planning on resigning from my current job and pursue the career of a Real Estate Agent. I am not happy in my current position, although the money and benefits are good, I feel as if I am not reaching my...