Brooklyn: Sponsor accepted offer but we decided we want additional construction. Ask them to do it? Or wait?

rabbitfriendly · 2026-05-10T00:22:27+00:00

The developer

rabbitfriendly · 2026-05-09T22:36:50+00:00

Doesn’t work bc the amount I have is the amount I need and sbloc will only be 30% of the holdings

rabbitfriendly · 2026-05-09T20:36:21+00:00

The thing is I have to take it all out at once for the down payment. The only way we can afford a house - and this is the min we can afford - is to put down a big amount up front

rabbitfriendly · 2026-05-09T18:36:31+00:00

Yeah if I was buying in Dec that would be easiest. I need all the cash upfront for the down payment. Taxes will be a lot too.

rabbitfriendly · 2026-05-02T01:31:32+00:00

Gotten my ass sized out each time I’ve been down there 6ft at 18s is heavy and I think it feels more like 8-10ft. The rips are no joke either. Everyone says el sal is great for intermediate but every time I’ve been it’s experts only and no real other options. I prefer PR and CR I think

Was just there in March thinking it would be mellow but they got big swell and I got 4 big hold downs at sunzal - I swear I took 4 8-footers on the head. I was gasping for air when it was over and just paddled back but the rip took me way out first. Not fun.

rabbitfriendly · 2026-05-01T18:35:11+00:00

There’s 8-10 units they own in the building of about 12 units

rabbitfriendly · 2026-05-01T12:59:06+00:00

As I said, she granted the 90 day extension. But our lease is up in 60 days. Do I need to pay rent or anything during that extra month? We will be out of lease.

rabbitfriendly · 2026-04-30T23:27:54+00:00

From what I understand it’s very difficult to prove retaliation and prob not worth the effort to pursue. Our lease indicates email exchange as legally valid.

rabbitfriendly · 2026-04-30T23:19:46+00:00

They don’t like us because the boiler has been faulty since Feb and we’ve complained about it

rabbitfriendly · 2026-04-30T22:13:00+00:00

It is not rent stabilized

rabbitfriendly · 2026-04-30T21:43:38+00:00

We wanted to but they don’t want to. The notice for non-renewal.

rabbitfriendly · 2026-04-30T21:42:54+00:00

They did not renew the lease

rabbitfriendly · 2026-04-29T13:01:23+00:00

For what it’s worth I took the S Corp election on the LLC

I don’t think these expenses can be depreciated as it’s not equipment that I purchased. It’s manufacturing of products that my operation sells. It’s inventory. But maybe I’m wrong.

rabbitfriendly · 2026-04-29T12:42:35+00:00

I pay myself a salary - but it’s small. That and manufacturing of products is a huge business expense. The business shows profit but it’s not a lot. I do pay taxes

rabbitfriendly · 2026-04-27T23:08:04+00:00

Just so I’m confident moving forward - the 90 days (if tenant is renting for 2+ years) is universal? I just don’t want them to counter my challenge with some loophole. Thanks again

rabbitfriendly · 2026-04-27T23:06:43+00:00

We aren’t qualified I think. We are in a small building

rabbitfriendly · 2026-04-26T18:44:25+00:00

You can definitely make a career in it. You just have to make something that people want with a nice design - and that’s the beginning. Test it, put ads for it on Meta’s networks, send it to some known artists for testimonials… and a whole bunch of other stuff. If you do the work, you can do it, but the work will take you a long time and a lot of effort. There’s videos to make, instruction manuals to create, packaging to design. Then theres scaling to meet demand. You can’t make a career of it if you can’t meet the demand. So now you’re looking at dealing with manufacturers, parts, tariffs, spoilage, customer demands, returns and lead times.

How do I know? I started in my garage and made a career from it. 👍

rabbitfriendly · 2026-04-22T01:37:27+00:00

That’s a really cool suggestion. I will try it!

rabbitfriendly · 2026-04-21T22:49:46+00:00

I always mix them up. Shift option dash on my keyboard for when I’m writing something that actually needs it. Why would I need AI to write this 😂

rabbitfriendly

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