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8 February 2025 | 10 replies
Owner occuppied loans regualted in every state .. must have state license and NMLS registration.NON owner occ loans on 1 to 4 units are regulated same way in about 15 statesin the other states they are unregulated.Keep in mind though investor loans do not follow the same rules as owner occ and rates can change charges can change closing dates can be blown through etc
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11 January 2025 | 31 replies
@Jonathan Greene @Jay Hinrichs @Nicholas L.Note: Each state has their own way of handling and regulating foreclosures, and as someone who is not specializing in foreclosures I can give you only general ideas and information.
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16 January 2025 | 1 reply
Follow your state regulations on notices but do everything you can to avoid an eviction.
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10 February 2025 | 59 replies
The insurer is not subject to the financial solvency regulation and enforcement that apply to California licensed insurers.3.
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22 January 2025 | 10 replies
The power company supplied and installed the new meters (at no charge, at least not yet) and verified all the work around the 4 gang meter pan was done up to their standards.
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11 February 2025 | 19 replies
Hey Christine, I might be biased, but you could look into Cleveland, Oh.Here are a few things to consider against investing there:- Slower appreciation compared to some other markets- Harsh winters, which can lead to higher maintenance costs- Many discounted single and duplex might need repairs or updates, especially if the previous owners haven’t kept up with maintenance over the years- Some local regulations to be aware of (nothing crazy, but worth noting when trying to close deals).But there are also some solid reasons to invest in Cleveland:- Affordable properties in the $100K-$300K range- Strong long term rental market due to a high rent to price ratio- Landlord friendly laws overall- Potential for great cash flow- Opportunities for Section 8 tenants- stable market once you have the right team in placeEvery market has pros and cons so it comes down to your budget, risk tolerance, and finding a reliable crew you can trust.
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31 January 2025 | 29 replies
Its been a wild ride though doing all this through massive inflation and supply chain issue and Covid..
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7 February 2025 | 2 replies
They see a renewal of the current business tax rates, regulation and permitting rules getting slashed, tax code being simplified, and federal deficits on a one-way ticket down the elevator (which are a longterm drag on economic productivity).Just look at the growth in tax code complexity over the last 20 years.
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19 January 2025 | 5 replies
As long as there is no "healthcare" being provided (medicine, baths, etc) then it's not regulated by the department of health.
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24 January 2025 | 10 replies
Then you'll have to supply a lot of expensive wood for that fireplace and the outside fire pit.