All Forum Posts by: Eli Konig

I totally disagree with you, no one mentioned anything about religious or politics here, 

when A politician brings up real estate related policies like A 2 year, old they should be held accountable and every American is allowed to speak up against it and explain the nonsense behind it.

Explaining real estate bills is not politics - politicians know very little about this.

To much talk here, we need action...!

Landlords across this country are being crushed by cruel, unethical, unfair, biased, politicians that created A (temporary...) law (suggestion) to ban evictions, in some states this is flat all across the board (we cant get squatters out in NJ).

Does anyone have any suggestion here what WE can do?

Maybe start getting the word out with good media or social media coverage?

Major petition drive?

Just to explain myself, lots of American's think that being A landlord is like inheriting a dreamed atm machine that withdraws funds every month, they don't look at this like every business where people work hard for every dollar.

Had anyone think of an executive order not to pay your local auto body shop or grocery? I think grocery items (food) are more necessity then housing.

Isn't this stupid, flying from country to country is allowed but evictions are band.

Money is pouring in this country everywhere like sewer after A major sewer backup, 

name it unemployment, stimulus, sba... everyone is making A killing here but renters can live free and landlords should...

Any suggestions on what WE can do here?

Get them to sign a termination or surrender letter.

Folks, this eviction ban is unethical, unfair, biased, unjustifiable, groundless, disrespectful to hard working people, bad for tenants that accumulate debt, rough for landlords that lose their bread, non detailed to ban all evictions across the board, MOSTLY and again MOSTLY non covid related...

It all boils down to 1 thing, a lot of politicians just hate the landlords! and they got an excuse to hit them really bad!

I will say this again, I made a lot of research, the VAST MAJORITY of back rent is non covid related, it's just taking advantage of the situation and its not A secret at all..

The solution in my opinion is, to unite together and start lobbying... we gotta get the word out, the media should speak about what landlords go through, the politicians should understand that they are just building an economic crash with their own hands.

Real estate is currently lacking; lobbyists, sympathy, good media coverage, awareness, unity...

How much would the politicians think before banning airlines, why? because they have all of the above.
 

Shakim, first of all you deserve A thumbs up for having this passion in your age, and don't underestimate your capabilities, you got young blood and you can have A beautiful future ahead of you.

I would first recommend you to get the book "The Raw Truth to Success in Real Estate" written by @Engelo Rumora this book will not let you only dream about your passion but actually get you to work!

There are federal websites that state the limit for hud voucher rents.

See.

https://www.hudexchange.info/p...

 

@Dana Kimberly: It has been A year now from when you closed your first property with REI Nation, I think it might be informative to share your experience with them in the past year. 

Thanks in advance.

I know a lot of folks that started with 1 or 2 properties that they bought from A turnkey rental seller and then went on their own, after all, purchasing and owning A rental property is the real experience it is far more hands on then any course your listen or video youll ever watch, so for someone that has the funds and is eager to learn the real way, and is okay to not make his full top profit of their first few investment properties it would be an idea for them to start with A turnkey seller.

But as mentioned here, it definitely comes with A certain price tag, although for some starters they can pay up even more when they start on their own, and with A turnkey seller they'll actually save money.

It all depends on the investors capabilities, experience, guts, funds avail, time (if you got they full time job besides real estate) etc...

I don't think this formula is practical when you are big and are looking on bunch of deals, your township clerk or inspector wont be happy if you bother them every 15 minutes with questions on properties, they are not an MLS listing.

But in some places there are some information avail online on tax assessor's site or state parcels where you can search every property, but be aware the information might sometimes be totally wrong and that's when you can make A killing when most investors rely on this information.

For example we had A 3 family that was for some reason listed as A single family on the tax records and therefore most investors didn't bother to even go down see the property, nothing in the world can substitute going down to see the property by yourself and an experienced investor will see a lot