Sentences with phrase «rented out the unit at»

Not exact matches

The Republican Senate leader not only opposed cost - of - living increases to the rent and income thresholds at which units lose price controls — which Gov. Cuomo wanted — but he also ruled out calls to include a renewal of rent regulations in the looming budget deal.

New York City officials issued a summons to the owner of a condominium at Trump Tower that gained notoriety after being rented out on Airbnb, determining that the unit was being illegally advertised for rent.

Councilman Jumaane D. Williams also lashed out at Mr. Cuomo in his praise of the RGB, writing in a statement that the vote sent «a clear message that the City of New York is determined to provide relief for its residents, unlike Governor Cuomo and Albany who recently enacted detrimental rent laws that could eliminate approximately 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants, but offer protections against arbitrary evictions as well.»

The other thing that you may or may not be considering is the fact that when she moves or otherwise ceases to live in that condo, you could then rent the unit out to others at the inflation adjusted rent price for the area.

You plan to build a self - contained unit at the back of the block and rent it out.

[2] Under the Reservation Program, owners of individual Hotel Units could place their units in a common pool of rooms to be rented out at luxury rates by the hotel's operUnits could place their units in a common pool of rooms to be rented out at luxury rates by the hotel's operunits in a common pool of rooms to be rented out at luxury rates by the hotel's operator.

Some buildings place restrictions on how many units can be rented out at a time, so if you plan to rent out your condo, make sure you understand the rules.

Inside a refurbished building on the Williamsburg, Brooklyn waterfront, upstairs from the small retailers of holistic products and past the tiny box offices rented by independent designers, the staff at PolicyGenius sprawls out across several units, working with some of the largest insurance companies to refresh the digital insurance buying experience.

I think the first thing is to look for a place where there is no state income tax if possible, I do nt want to hire a tax preparer for 1 property, then figure out how I will do the fiancing, I usually work with bankers I have known for 20 years, then look for at least reasonably priced houses or multi units say under 100K $, then look for good cash flow with a good history of rent demand.

Overall, it's a great deal, but it did come up at a bad time as I was trying to rent out both units in a duplex and I still have another single - family home waiting in the wings for me to rehab.

If you bought a fourplex that way, renting out three of the units and living in one yourself, you could have yourself your very first investment property that would most likely cash flow or at least be breaking even without having to put a lot of your money down.

If you evict to OMI, you have to live the unit for at least 3 years before you can rent it out.

Housing shortages lead some tenants to illegally rent out a rental unit or portion at a higher rent.

I'd think you'd be spending closer to 30 - 40k a unit to build out to be more realistic, especially looking at your projections of taking rent from 3000 to 10000.

I've been doing basic number crunching and thought exercises on something like 20 x 2/1 units at ~ 1000 sq ft / unit and rent out between $ 800 - $ 1000 / unit in the Houston area.

When these «legacy» tenant eventually do leave, I will redo the units and rent them out at a significantly higher price.

So we looked at both multi family units and SFH with the ability to rent out some of the bedrooms.

You may like the lay out and be thinking you are buying a nice multifamily unit and be able to generate income at a certain level or perhaps live in one unit and rent out the other thereby getting financially assistance to pay off your mortgage if you plan to finance.

Since the mortgage rates continue to remain at extremely attractive rates it is a prime time for savvy investors to purchase foreclosed homes and multiple unit homes in order to help out their community with affordable rents.

You mentioned that you get at a very minimum $ 100 per unit cash flow when renting out a property.

These units are being rented out at $ 0.69 / sf, which is well below the average.

For every move - out where we can increase rent by $ 500 / unit, we're looking at increasing our asset value by $ 80k.

And as a former apartment manager in Seattle (one who leases and turns over units) I'm appalled at the condition of the places rented out in NY.