
25 June 2024 | 35 replies
We are sending a very clear message to those who seek federal funds that we intend to stand up for the cause of civil rights and expect them to do the same.John Trasvia, HUD Assistant Secretary for Fair Housing and Equal Opportunity (FHEO), added, Prohibiting this form of discrimination provides an essential protection for many Americans, including disabled veterans, seasonal workers, and persons that are using housing choice vouchers to maintain housing for themselves and their children.

28 June 2024 | 100 replies
This incentivizes the GP to stay engaged.Lenders can pursue guarantor for losses: Even with non-recourse loans, bridge lenders often require the GP to sign a limited guarantee to be liable for lender losses from things like misuse of rents or failure to maintain the property.

23 June 2024 | 8 replies
Setting up and maintaining an LLC involves costs, including filing fees and potential legal or accounting expenses.

22 June 2024 | 22 replies
if you want to live in a better maintained complex it will likely require paying higher rent.

25 June 2024 | 125 replies
I have never had a loan as long as 10 years because the appreciation in my market has always dictated extraction to maintain a leveraged hold.

23 June 2024 | 38 replies
Also, stop trying to charge tenants for the costs to maintain your own property.

24 June 2024 | 13 replies
It's also worth noting that Harford County, with its proximity to military bases and good schools, could be a stable long-term investment, as areas with these features often maintain their value well.It's essential to stay informed and possibly consult with a real estate professional who understands the local market dynamics of the DC metro area.

22 June 2024 | 8 replies
Although, there are costs associated with forming and maintaining an LLC, such as state filing fees and annual reports that are to be noted.

23 June 2024 | 11 replies
To mitigate this risk without using an LLC, consider:Umbrella Insurance: This provides additional liability coverage beyond your standard homeowners insurance.Equity Stripping: This involves placing a lien on the property to make it less attractive to potential creditors.Land Trusts: These can provide some anonymity and protection while allowing you to maintain personal ownership.Insurance:Ensure you have comprehensive insurance coverage, including:Property insuranceLiability insuranceFlood insurance (especially important in Florida)Loss of income insuranceLegal Structures:While you've decided against using an LLC, consider consulting with a local attorney specializing in real estate investments to explore other potential legal structures that might offer protection without the tax implications you're trying to avoid.Property Management:Given that you're based in Europe, consider hiring a professional property management company to handle day-to-day operations, tenant screening, and maintenance issues.Market Research:Thoroughly research the specific areas in Florida where you plan to invest.

21 June 2024 | 1 reply
Even if you manage to be the first person in history to maintain the corporate veil of a tiny corporation.