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ESA question need advice
24 November 2021 | 3 replies
She has suffered with PTSD, anxiety, and trauma induced bipolar since her mother’s murder suicide a couple years ago.
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Tenant wants a dog but no pet policy
24 November 2021 | 11 replies
She has suffered with PTSD, anxiety, and trauma induced bipolar since her mother’s murder suicide a couple years ago.
Mike F.
Understanding the new Section 8 requirements for landlords?
26 October 2021 | 0 replies
A person cannot include in any advertisement for the rent or lease of housing any limitation or preference based on source of income, or to use representations related to a person's source of income to induce another person to rent or lease property.
Matthew Anderson
Brand new landlord Problems
27 January 2020 | 53 replies
Been asked on BP a million times...... quick raise to market or slow raise....no "right" answer....Its a balance..... big rapid jump often induces turnover...... and turnover costs $$ in the short term (rehab cost vacancy etc) but cant pay off in the long run..... getting to market faster recoups that expense for the rehab and vacancy etcSlow, smaller increase keep the tenant and reduced the short term expenses but doesn't maximize the return over the long haul necessarily......As stated before....make sure you are comparing apples to apples..... a lot of new landlords think their old beat up place will rent for the same as the nice new places just because its the same bedroom/bath/sq footage as the ones they looked up......Do they math.... if you can rehab it cheap and quick and jump up a lot to market, then you make you $$ back fast...... but don't fool yourself into thinking that always happens
Joseph Koury
Can you make too much money in Real Estate?
6 March 2020 | 8 replies
It's tough to watch misguided government-induced regulations unnecessarily drive up costs and ultimately rents.
Casey Estep
Federal reserve lowering interest rates
16 March 2020 | 2 replies
The current interest rates as attractive as they are wouldn't be a sufficient inducement for me to buy now, because I demand proven economics first and at these pricing levels that's quite a stretch in my opinion.
Andy Mirza
Effect of Pandemic on Note Business (Medium and Long Term)
3 May 2020 | 46 replies
So far, it seems that foreclosures pre-dating the pandemic won't be treated the same as pandemic induced foreclosures.For performing loans, I agree that you should wait at least a couple of months before diving in.
Alec Davis
Intense HOA issues. But 'issues' is an understatement.
27 July 2020 | 18 replies
If you can turn this into a “ don’t punish these wonderful homeowners for my developers mistake” conversation and they are convinced they made you pay for your violations it might work if coupled with a check.You could also put an amount of money in escrow as an inducement to the buyers to close.
Brett Goldsmith
Distressed Homeowners Post Covid
26 March 2020 | 12 replies
I'm talking about borrowers that were current for years on their loans who suddenly ran into problems with the virus induced shutdown.
Michelle Schrader
Buying vacation rental with COVID concerns...seller concessions?
18 April 2020 | 5 replies
That would be a huge inducement to purchase and is not allowed to be considered as part of the sales price.