
21 June 2024 | 10 replies
This could result in class action lawsuits where tenants of a building file together and basically wipe out even mid-sized landlords.

20 June 2024 | 6 replies
Also when pricing them, look at the sizes.

21 June 2024 | 23 replies
But now a days the title policy will read to that beneficiary and any subsequent assignee's.. and Tim I posted the state of CA disclosure document we used for multi bene loans. so you can see that.what should happen in these multi bene loans is a document that allows the sponsor to prosecute a foreclosure.. if you dont have that each bene has to agree and that is were these get sticky.. 4 investor say foreclose and one says nope.. keep in mind in the mid 80s in the Bay area our loan sizes were already 200 to 500k for HML.

21 June 2024 | 13 replies
The average room size is 10 x 12, so you can think of a 2200 square foot house, and if it is a 4 bedroom now, you know there is definitely enough square feet to add a couple of bedrooms, and that's how you can be creative by making a deal when others see that 4 bedroom house as a 4 bedroom, but you just turned it to a 6 bedroom and made a deal out of it.

19 June 2024 | 5 replies
Are there various strategies/corporate structures that can be employed to minimize the tax obligation to Canada when investing in the states?

21 June 2024 | 13 replies
.- Very low appreciation unless there is a large market shift -- major new employer, city takes many housing units offline via eminent domain, a college greatly expands without additional housing, etc.The list goes on.

20 June 2024 | 5 replies
I would definetly consult with an attorney before and ask if you would be able to get these people out of your property in you needed.If may just be easier to steer clear and try to find a good applicant with a SSN#Or, if there is a company that employs a lot of people without a SSN# you could reach out to the company, ask if they need housing for there employees, and then rent to the company instead of the person.

21 June 2024 | 11 replies
Right now its generally as little as 12.5 bps (1/8 of a percent) at most lenders so not really worth it.Regarding the terms you posted - I ran these through our sizing and they look in the ballpark of market, not much better or worse - with some assumptions, our pricing looks to be 8% flat with zero origination fee/broker fee and $1,000 underwriting for this scenario.

19 June 2024 | 1 reply
A jobless rate of 3% or below is widely considered "full employment" by economists, or the point at which most people who want a job have one
21 June 2024 | 10 replies
With the size of your tax free gain on sale, there is no scenario where your after tax return would be better by keeping the property.