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Results (10,000+)
Kevin M. Proposed COVID Tenant Relief Bill- Philadelphia
3 May 2020 | 5 replies
Some major points in the bill; Extend the eviction moratorium for 60 days after the state of emergency order is lifted for residential renters as well as small businesses, with an exception where there is risk of immediate harm.Allow renters with financial hardships to pay rent over an extended period using a year-long repayment plan.Create an eviction diversion program that runs through December 31 2020, requiring both landlords and renters to participate in a mediation process designed to help resolve issues before they lead to formal evictions.Stabilize rents during the pandemic and for a year afterwards, during which landlords would be limited from increasing rents, retroactive to March 1, 2020 for those experiencing financial hardship related to the pandemic.Waive late fees on rent during the pandemic and for two months afterwards, which is retroactive to March 1, 2020 for those experiencing financial hardship related to the pandemic.Allow renters who are illegally locked out to recover damages caused by the illegal lockout.Call on the PA General Assembly and the US Congress to provide municipalities a comprehensive relief package to stabilize the local rental housing market and assist property owners, including large-scale rent subsidies for landlords to make up for lost revenue.There are concerns, expressed by HAPCO, that passing this bill would have a disastrous effect on property owners in Philadelphia by essentially passing on the costs of the COVID crisis onto owners.
Loren Oatman New York Landlord and Screening software.
8 May 2020 | 8 replies
Our pre-screening and application screening is extremely thorough -- enough so that by the time we get to the background/credit check portion, it's usually a formality, albeit a necessary one.
Fady Riad Necessary Home Inspections
27 May 2020 | 7 replies
Are you saying I could get a very cheap inspection for $100 when I do my own initial walkthrough and then get a more formal inspection once I sign an offer?
Reginald A. Shelby II The Importance of a Business Plan
8 May 2020 | 6 replies
I believe that having a business plan, formal or informal, is vitally important to helping you achieve your goals.
Wonderful Togbey What gets you excited about real estate investing in Chicago?
11 May 2020 | 14 replies
It was a gut call but we just didn't like the burbs on the Indiana side of the border (Hence why we also explored Indy) Our primary problem with the numbers at the time was there just wasn't enough sales activity for us to pull the trigger.
Joshua Rice New Member Introduction
8 May 2020 | 2 replies
I have spent the first week lurking within the forums and observing the interactions between individuals before making a formal introduction.
Jessica Doolittle Deciding what city to invest in??
16 June 2020 | 11 replies
The strategy that works in these areas is fix and flip (add-a-level) in towns that either have a train line (NJT or LIRR) or border a town that has one.
Nicholas J. FHA flip rule during Covid
11 May 2020 | 4 replies
When it comes to anything even bordering on edge of equity stripping, I wouldn't want to take any risk at all, especially one of a technicality type such as disaster declaration.
Myles Penner Canadian Looking to Invest in US - How to set up a company
7 January 2020 | 1 reply
Hi @Myles Penner I will recommend that you speak with a cross border accountant who may be able to advise on the most tax-efficient structure.You can PM me if you need further information.
Paul C. Financing Ideas for family property
12 January 2020 | 4 replies
I think it's in their best interest to pay for either a formal appraisal or Broker's Opinion (BO), so they can get a realistic idea of the FMV as is.