Simply ask if the owner would be open to an offer on the property.

More annoying is the limited service motels in a resort area that add on a “resort fee” despite having no resort amenities.  

It certainly depends on your goals.  

Literally 30 seconds to rekey on turnover, and no spare cylinders or locksets to store. 

But you can make huge profits on a flip.

its crazy to see this post pop up again on my notifications haha.

We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.

Once you find an investor who closes on your deals fast and doesn’t play games, keep them close.Last thing—make sure you understand the legal side of wholesaling in NYC.

Additionally, if you have claimed or were eligible to claim depreciation for the rental portion, you’ll owe 25% depreciation recapture tax on that amount.

Keep us posted on how it goes.