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18 May 2016 | 3 replies
They would qualify for the FHA backed 3.5% & VA 0% down payment. 75% of the gross appraised rent counts as qualifying income for the loan.Anyone from individual investors up to large investment groups will find that no other real estate investment offers such convenient diversity, safety, and relative liquidity with such an incredible return on investment.
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14 May 2016 | 4 replies
We just did the research on these new HUD guidelines the other day and here's a snippet of the larger article:What HUD’s new Guidance means for housing providers:Arrests records are not a valid reason to deny a rental applicant housing.Convicted criminals may be denied housing if the reason for their convictions clearly demonstrates that the safety of your residents and/or property are at risk.Blanket terms in your screening criteria that say “Any criminal convictions will be denied” are now considered discriminatory and in violation of the Fair Housing Act.The new Guidance does not make criminals a protected class, but rather establishes requirements to clearly prove why you are denying an applicant based on a criminal conviction.Remember that a housing provider violates the Fair Housing Act when the provider’s policy or practice has an unjustified discriminatory effect, even when the provider had no intent to discriminate.source and full article
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24 May 2016 | 5 replies
Attendance is usually 35-50.This month the scheduled speaker is a Battalion Chief from the City of Columbus, Division of Fire who will be discussing fire safety in rentals.
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24 May 2016 | 21 replies
I get around the country to most major metro areas were I work and invest and nothing frankly compares to the hospitality and SAFETY of Portland for this size of city..
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16 May 2016 | 4 replies
If the interior windows open, but the storm windows do not, then there could be a safety issue regarding egress.
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23 May 2016 | 17 replies
Hi @Michael Penwarden, if you are an accredited investor, you can buy into $50-125M projects with as little as $100,000 and diversify for some added safety.
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15 August 2016 | 15 replies
These are things I learned: For safety reasons, don't tuck a range in a corner next to a wall.
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24 May 2016 | 16 replies
Attendance is usually 35-50.This month the scheduled speaker is a Battalion Chief from the City of Columbus, Division of Fire who will be discussing fire safety in rentals.
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3 October 2016 | 91 replies
Land minds such as aesbestos, OSHA safety rules, injuries, and lead based paint.
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24 May 2016 | 11 replies
So the Heights is pretty much at the top of the market (excluding downtown/Newport/Exchange Place), Journal Square is "next" in terms of price, safety, desirability, Bergen/Lafayette is after that, and Greenville is "last."