Real Estate

Real Estate

New bill would revive single-room occupancy apartments in NYC

Looking for new ways to tackle the city’s housing shortage, a New York City Council member is calling for the return of single-room occupancy units (SROs). Council Member Erik Bottcher on Tuesday introduced legislation backed by the Department of Buildings...

Real Estate

The “Lazy” Person’s Guide to Retiring with Rentals

Don’t buy in good school districts. Always end your leases in winter. NEVER raise rents on a tenant.These are just some of the “Dionisms” that have made Dion McNeeley, the so-called “lazy investor,” rich with rental properties. He achieved financial freedom, retiring early with a $200,000/year passive income after slowly, steadily, and lazily...

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