Jamie Banks
Turning A Primary Home Into A Midterm Rental
26 November 2024 | 11 replies
Can you go ahead and change that (think address of record for LLCs or bills for other properties).Make sure any HOA and the local government allows for your home as an MTR.1 last point to add to Jamie's first point: if you can, take a video tour of the home and what you're leaving behind.
Nathan Gesner
Are rents dropping in your market? You are not alone.
28 November 2024 | 26 replies
The number one employer is the state government, because the capital is next door, and the number two employer is the federal government, both are not cyclical and don't fluctuate, if anything their job base increases.
Account Closed
11 Places to Find Foreclosure and Pre-foreclosure Listings
26 November 2024 | 3 replies
Government AgenciesGovernment agencies can also foreclose on properties.
Rachel Marshall
Buying real estate under my name, but money coming from someone else
25 November 2024 | 2 replies
If I do this, will IRS (or any other government entity) start looking at me and wondering what's going on?
Tyler Gilpin
Can I section 8 trailers?
26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
Lucas Schlund
How Do You Get Around The 90 Days Per Year Regulation In Detroit?
26 November 2024 | 19 replies
@Lucas Schlund the same thing that happened to all the STRs in NY City when their ordinance went into effect, as well as many other cities.Owners must comply and the government doesn't care about your potential losses:(
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
But….You can see you’re being screwed over by the power company, or the government, or both.
Kenneth Cheston
Renting a Basement in Baltimore
26 November 2024 | 13 replies
Okay BPers - I'm back yet again to pester you with obvious questions, but not so obvious to me since I've called the entire Baltimore City Government and no one seems to know how to use a phone (Called at least 10 numbers - maybe it's a snowday?).
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
Know that the market you're serving does exist, and is like an underlying current that's being held back by walled garden that the government has only recently scrutinize.Zillow, Redfin and Trulia has all attempted at disintermediation and increase market efficiency, but failed due to the market powers that maybe.
Henry Clark
Self storage- Political impact November 2024
25 November 2024 | 2 replies
The US government is also refinancing our debt every year, and we can't take a doubling or tripling of the interest rate.