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4 October 2024 | 8 replies
.-- If you're the lessee (and not the deed holder / owner): COH will require written consent by the owner to the use of their property as a STR and to accept liability for taxes if the STR operator does not adequately remit Hotel Occupancy Taxes (HOT) as per local regulations. laws—a responsibility most owners will be reluctant to accept.-- Expect a grace period of two months once the new regulations are enacted into law.
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28 September 2024 | 11 replies
So wondering whether there is a Visa for Canadians investing in US.
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8 October 2024 | 10 replies
@Fang Li When you say the "seller who deals in off-market properties" I immediately question whether the seller is a wholesaler and not the deed holder.
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4 October 2024 | 9 replies
They could be here legally (visa, whatever) and waiting for their green card.
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3 October 2024 | 3 replies
The lady refused to talk specifics [because I am not the mortgage holder] but she said that the property has 300,000 in mortgages.
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7 October 2024 | 190 replies
The early holders, who got educated, believed, and remained a strong hands through the volatility, will benefit massively.
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4 October 2024 | 10 replies
This is why agency loans have more restrictive yield maintenance, and defeasance prepayment penalties (they don't want you to immediately jump ship, and leave the mortgage bond holders handing).
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4 October 2024 | 16 replies
A “sort of” competitor of mine who ran a small private lending fund was always operating in a fiduciary way vis a vi his investor’s capital.
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30 September 2024 | 13 replies
Thus, leaving $60,000 available for the note holder to claim.I did not sell the note to Ben (who offered me $30k for it which again another red flag).
1 October 2024 | 2 replies
The time depends on lease length and how long they've been living there.I would also recommend reaching out to their caseworker (if they have one) to let them know the lease will not be renewed.Section 8 voucher holders are incentivized to vacate quickly in order to keep their voucher and avoid having to pay full-market rent out of pocket elsewhere.Hope this helps!