
23 June 2024 | 14 replies
The exception to that would be health/safety items required to rent/occupy is such as GFCI outlets in appropriate locations. 2.

25 June 2024 | 30 replies
Not really sure what to say. except live and learn Good luck

22 June 2024 | 17 replies
It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.

21 June 2024 | 5 replies
I am acquiring two properties where Fidelity is saying HUD junior liens are to be noted as exceptions on the Title policy.

22 June 2024 | 129 replies
Quote from @John Carbone: also the pool cabin pumpers during Covid did exceptionally well when kids were doing school from home and there was a lot of demand year round for pools in off peak times…now those pool cabins sit empty because kids are in school and people aren’t willing to pay a premium to stay so the place sits unoccupied.

22 June 2024 | 21 replies
I regret every property I sold 10 years ago (except the ones in the hood, that was a short term experiment I am glad I got out off).Your total net worth contribution is a lot higher than 0.6%, just the paydown of your loan is double digit ROI.

21 June 2024 | 17 replies
Each time you sell crypto, it is a taxable event, just the same as selling stock in an investment account (with exception to tax advantaged investment accounts).

20 June 2024 | 26 replies
Maximum cash flow is absolutely vital.

23 June 2024 | 38 replies
If you are inside a city limits or police jurisdiction, the inspection department can tell you what is required currently, what is triggered by property updates, and what the exceptions are.

21 June 2024 | 2 replies
There are some exceptions, but they are rare, they have access to funds, and they typically built their empire when the timing was right and got lucky.Likewise, it's not often that you can buy a house and sell it for big money six months later.