Five Great Apps For Real Estate Investors
How many of us remember the “good old days” of real estate investing? Pre-internet, if we wanted information about real estate markets, we had to go digging around in county offices and realtor’s file cabinets to find it. My how times have changed. Today, “there’s an app” for almost everything. Real estate investment information is…
Read MoreProperty Maintenance Fictions
We’ve all been told things that were presented to us as absolute truths but turned out to be myths. Here’s a classic, “You need to wait half an hour after eating to go swimming, or you’ll get cramps, and you could drown.” Or how about, “Twinkies last forever.” Nope. They have a shelf life of…
Read MoreThe Residential Rental Market In 2021 And Beyond
We’ve just rolled through the first quarter of the year. What was the best thing about the last three months? It was no longer 2020! As we settle into the “new normal” of post-pandemic life, real estate investors (REIs) should be aware of the USA’s rental housing markets’ latest trends. Rental markets remain, in a…
Read MoreFinancing Your Rental Properties
Real estate investors (REIs) often want to purchase multiple rental properties. If you’re not a large corporation with easy access to Wall Street capital, to get that done you’ll most likely need to finance your rental portfolio with mortgages. But how many mortgages can one REI have? Is there a limit? How does all this…
Read MoreIs The Eviction Moratorium Ending?
The eviction moratorium issue is at the forefront of landlords’ minds. Whenever there are any significant developments on this issue, I’ll always let you know what’s up in this blog. New York State’s eviction moratorium is in place until at least May1 2021. So, regardless of any national developments, New York landlords will be legally…
Read MoreReal Estate Success Skills
You’ve probably heard the phrase, “Knowledge is power.” It’s a true statement, especially when it comes to investing in real estate. But precisely what skills and knowledge are required to succeed in real estate investing? If you’re new to being an REI (real estate investor), or even if you’ve been doing it for years, it’s…
Read MoreYour Springtime Rental Property Checklist
Happy Spring! Well, almost anyway. While some say that Spring begins on March 1, the March equinox, or when the Sun crosses the equator line and heads northward in the sky, happens on March 20. After the 20th, the Northern Hemisphere begins to tilt more towards the Sun, resulting in longer days and warmer temperatures.…
Read MoreSelling A Rental Home – Tax And Tenant Considerations
Here’s a common scenario in the landlord world – while a lease agreement is in place, either the landlord wants to sell his residential rental property, or the tenant is interested in purchasing it. If the tenant wants to buy the home he’s renting, and the landlord is open to the idea, then a transaction…
Read MoreA Federal Court Steps Into The Eviction Moratorium Controversy
If you’ve been reading my blog over the past few months, then you’re fully up to speed on the New York State and Federal eviction moratoriums that have been in place over the past year to deal with the COVID crisis. I know this issue is important to the landlords I serve, so I will…
Read MoreTax Deductions For Landlords
Ugh! It’s almost that time of year again, the dreaded tax season. If you’re like me, there are few things I look forward to less than dealing with my taxes. But if we have to go through the dreary exercise of giving Uncle Sam his due, it’s smart to take every legal tax deduction possible.…
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