Property Buyers Group

01/21/2026

Tax time.....ehhhh

10/28/2025

This is why I don't buy any properties with tenants anymore....This city is nuts...
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Seems about right! Bronx-based landlord Les Lerner has a long list of horror stories.

In one, a nonpaying tenant had his eviction case adjourned by claiming repairs were needed. Two months later, Lerner’s lawyer showed the judge photos of the completed repairs, but the tenant insisted they were not made. The judge adjourned the case for another two months.
“At the next court appearance, the tenant once again claimed that the repairs were not done,” Lerner recalled. “The judge once again adjourned for two months to make arrangements for an HPD inspector to review the repairs.”
If you’ve lost track, that’s six months of rent-free living. But wait, there’s more.
“At the next court appearance, the judge stated that he had a report from the HPD inspector stating that all the repairs were completed,” Lerner continued. “The tenant once again stated that they were not. The judge once again adjourned for two months for us to ‘double check.’ What can possibly be more official than an HPD inspector’s report?”
That’s eight months of adjournments, using just one of the many techniques that nonpaying tenants have to stave off eviction. It’s no mystery why the eviction rate in New York City is among the lowest in the nation.

09/29/2025

Damn...

Carrie Wheeler announced her resignation after a campaign by investors to change leadership at the struggling iBuyer

09/26/2025

This is bonkers. Did she think she would get away with this?

A federal judge sentenced her to 57 months in federal prison, with three years supervised probation, saying he wanted impress upon Findley the seriousness of her crime.

09/15/2025

Pretty good turn around.
https://archive.is/TJhvf

https://therealdeal.com/new-york/2025/08/21/from-sat-scandal-to-real-estate-developer-sam-eshaghoffs-second-act/?utm_campaign=sl-tristate-weekly&tpcc=sl-tristate-weekly&utm_source=trd-newsletter&utm_medium=email&utm_term=Tri-State_Weekly

Fourteen years after an SAT cheating scandal sidelined Sam Eshaghoff, his West Egg Development is completing its largest project yet.

09/10/2025

Damn.....Thats alot of money on a flip!!
Hit the archive link to read for free!!
https://therealdeal.com/miami/2025/08/15/todd-glaser-partner-seek-169m-flip-of-miami-beach-home/?utm_campaign=sl-residential&utm_source=trd-newsletter&tpcc=sl-residential&utm_medium=email&utm_term=Residential%20Weekly

https://archive.is/qG2Sm

Todd Glaser and the Posner Group are looking to flip for $169 million the waterfront Miami Beach estate they bought for $105 million in July — a 60% markup.

08/04/2025

This is crazy and wild if anyone lives or is in real estate in South Florida-Aventura area. My grandparents lived around there and I lived there in the mid 90s.

The idea for Aventura started as a sketch on a napkin, planning the city centered around a golf course and surrounding high-rise residences.

The developer who spearheaded the development of the city of Aventura died Sunday at the age of 92.

08/01/2025

Can anyone elaborate?

With high interest rates and stubbornly high home prices still plaguing the real estate market, buying a fixer-upper has become one of the few ways to acquire

07/31/2025

I sort of agree!

07/30/2025

I have done 1 post possession deal years ago and will never do again.....Anyone have any crazy stories?

A seller gets to stay, but does not get a lease.

07/29/2025

Another real estate crew down!

Sidhartha "Sammy" Mukherjee and his wife Sunita became known for their Bollywood-style performances, became local celebrities, hosting parties and headlining music and cultural events.

07/28/2025

Ouch. This may hurt.

The Legal Aid Society says fine may be one of the largest in housing court history.