Jay Sandefur Jr
Evicting a Tenant in Norfolk, Virginia
7 May 2021 | 4 replies
The eviction moratorium is scheduled to lift on June 30, and until that time, the Rent Relief Program is providing grant funds for rent and rent related expenses for up to three months in advance.
Cameron McCown
FHA vs. Conventional
12 April 2019 | 11 replies
There are costs involved, and you really have to look at where those costs break even with the payment relief.
Dennis Xie
Current Evictions Q3 2020 in SF
2 September 2020 | 0 replies
Hi All,Just curious on current investors’ strategies in San Francisco (and possibly Daly City) market, with the new signing of the Eviction Relief Bill Amid Virus.tl;dr Signed new state law, Californians who haven't paid their rent since March 1 because of COVID can stay in their homes through at least Jan. 31st 2020.Although this is statewide, I’m more curious about the SF market (also a current resident here).
Axel Norvell
What is your buying criteria for cash-flowing rentals in Houston?
24 August 2019 | 20 replies
Sure in a named storm event like Harvey, banks will grant some relief but even that wasn't enough for some folks.I think you need to understand if the property flooded ONLY during Harvey or if it flooded prior to that.
Kwambe H.
Underwater Rental Property - Hold or Fold?
22 May 2014 | 18 replies
With the Mortgage Forgiveness Debt Relief Act off the shelf id be liable for the forgiven debt if I were to successfully conduct a short sale.My wife and I both work, so with some new lifestyle modifications, we have been able to afford to keep making payments (even with no tenants).
Account Closed
Timeshare Relief- Is there money to be made?
9 May 2013 | 7 replies
Timeshare Relief is one of the companies that charges you to take your timeshare off your hands.
Mindy Jensen
Is North Carolina a non-recourse state?
15 March 2017 | 11 replies
Now during the crisis the lenders put a moratorium on issuing the 1099C to any owner occ. and many others as they were just over whelmed.. but these as you note that the other person got one.. the banks are now issuing them.what this does is tells the IRS you got debt relief and said amount of debt relief then become ordinary income and you must pay tax on it..
Adam Frehm
1st Duplex: Pls. Help me analyze this deal
26 February 2019 | 4 replies
Adding a 3rd bedroom in lower unit is not an option.Top unit: Currently has reliable tenant (couple) paying $1,345/month (this is maxed out in my opinion) This unit has potential to be a 2 bedroom but must be advertised as a 1 bedroom b/c the top attic floor bedroom needs an 'Area of Relief '/fire escape in order to bring it up to code as a 2 BR.
Payton Ball
Market Responses COVID-19
16 June 2020 | 2 replies
I've seen so many posts on this, but I want more insight.I'm a new investor in Charlotte NC (and surrounding areas), and am wondering what you expect the market to do in the coming months.I know a lot of this will change if there is any additional stimulus, or mortgage relief, etc.
Matthew S.
Seeking advice from experienced investors about my difficult start
3 March 2014 | 11 replies
I look back at it as a great decision.Selling it cut my looses in a declining marketIt was a mental relief to get rid of the problem.