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9 September 2024 | 22 replies
Monetary inflation:The Federal Reserve (Fed) can increase the money supply by changing the target fed funds rate, buying Treasury securities or MBS (Mtg backed securities) to lower rates. increasing the money supply, which banks can then lend to consumers and businesses.Debt monetization.
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11 September 2024 | 6 replies
More things happened than what was listed above, but I think my mind has blocked them out to protect my sanity.
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10 September 2024 | 34 replies
It sounds as though your REALTOR didn't do their job to protect you and the Seller is trying to scam you.The first thing I would do is talk to your REALTOR.
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5 September 2024 | 4 replies
I have been looking into setting up a holding company in Wyoming for asset protection and moving all businesses and future rentals into this holding company.
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10 September 2024 | 12 replies
It's costly, time consuming to try to get the smell out.Good luckGino
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9 September 2024 | 3 replies
As someone who recently completed my first fix-and-flip project, I can share a few challenges that took me by surprise:Navigating the local permitting process was more complex and time-consuming than I anticipated.
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11 September 2024 | 69 replies
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also something about investors not wanting to put money needed into Section 8 properties because they think they're just going to be ruined by these Section 8 tenants, and as someone who knows the entire process with investors, owners, contractors, tenants, and prospective tenants, this is what I have to say about it:In my experience, Section 8 HUD tenants are actually better custodians of the property because of many factors, but 3 of the main reasons being, there is an annual HUD inspection that is performed on each property, so this gives the owner an extra 'protection vector' against damages, also, the initial placement of a Section 8 HUD tenant requires a passing HUD inspection, therefore there's a record of the property's initial state prior to move in, and additionally, they want to have an easy renewal voucher process annually, and their unit remaining in good condition is an incentive for those reasons, therefore they are LESS likely to damage a property - their future depends on it!
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10 September 2024 | 28 replies
@David Krulac I know this post is 6 mos old, but with everything you state above, how is it that you bid on these courthouse deals and protect yourself?
9 September 2024 | 18 replies
I did have one issue that was disappointing that consumed a lot of time: After sending an invite to an applicant for background screening, the applicant somehow was able to register as a landlord; that was discovered by the RentPrep team after a considerable amount of time and delay.
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10 September 2024 | 21 replies
It's going to be harder than you expect, more time consuming, and will feel like you are spinning your wheels for a while.