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8 September 2024 | 101 replies
You have to careful in screening making sure you are trying to rent to the right person if you are waiting for a perfect tenant you may stay empty for a long time so you have to know what is the best tenant in that area for that apartment, it might section 8, or some other program recipient. # 2 the people in these neighborhoods Are generally low income, so they will fight about damages cause they don’t have the money to fix it, # even if you screen you still can end up with a bad tenants boyfriend or girlfriend who is crazy or sells drugs And say they don’t live there but is always there.
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3 September 2024 | 17 replies
Once you have a short list, get an account with each one and run them through the wringer to see how they function.
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7 September 2024 | 19 replies
I don't know what program you would call to tap these funds but your local housing authority might be a start.
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5 September 2024 | 7 replies
The city approved rental license inspector essentially just tested to make sure there was access to hot water, access to heat, no unsafe conditions like exposed electric wiring, CO/smoke detectors present/functional, fire extinguishers present/not expired, etc.
5 September 2024 | 5 replies
Hi - Thoroughly would recommend JWB's lending programs - actively been involved for the last 10 years.
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6 September 2024 | 12 replies
@Enrique MendezTo reduce mortgage payments, consider FHA, VA, USDA, house hacking, conventional loans, seller financing, lease options, partnerships, down payment assistance programs, creative financing, and DSCR loans.
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5 September 2024 | 2 replies
@Brynn KurtzI would do additional research and learn how many people today are buying housing with none of their own moneyAlso even if you were to do this, you still need money to invest in real estate as properties need constant repairsThe most frequent mistake I see is people take these guru programs and spend all their $ on the guru and have no money to invest in real estate
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6 September 2024 | 13 replies
We as accountants would likely reap a lot in fees from it similar to ERTC/PPP but there's nothing really pressing for it to get pushed through, unlike the pandemic for those programs.
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2 September 2024 | 4 replies
Would you replace a current functioning 1000 gal septic tank to a 1250 gal tank in order to list my flip as a 4 bedroom as opposed to a 3 bedroom.
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4 September 2024 | 10 replies
There are programs where they don't require seasoning and you can refinance as soon as you're done.