Philip Bennett
Illegal immigrants as tenants
16 January 2018 | 273 replies
"Disparate impact in United States law refers to practices in employment, housing, and other areas that adversely affect one group of people of a protected characteristic more than another, even though rules applied by employers or landlords are formally neutral.5) Many of the people living in the United States legally without a Social Security number have much more financial wherewithal than the average tenant.6) The Fair Housing Act does prohibit housing discrimination based on nation of origin.7) Most foreign students do not have social security numbers.I hope you are not suggesting that "policy" to anyone near a major law school, medical school, nursing school, flight school.
Andrew O.
Title search and insurance without escrow?
26 April 2016 | 14 replies
We protect and preserve the terms of the contract with neutrality and ensure that all requirements are met as well and handling the deposited funds (including local ordinances and state/federal laws).
Nathan Hui
What is your cutoff for cash flow/door?
20 August 2019 | 83 replies
I would rather buy a cashflow neutral home in a high growth area than a 200/month unit at the same price point in an area that has virtually no growth.For simplicity sake, lets assume a hypothetical 100k home where total expenses is 800/month:If that home is in a small market in the midwest and the rent is 1k/month, then the home cashflows 200/month and assuming no growth, (or limited growth) will generate $2400 per year, or $24,000 over a 10 year holding period, and the home is still worth roughly 100k.Buying a 100k home in a more desirable geographic location might only rent for 800/month (because the home is likely significantly smaller), and thus this home is initially cashflow neutral but with an annual 5% growth rate will easily beat the other home.
Account Closed
1031 Exchange with 2 owners (one occupies and pays the other rent
30 April 2017 | 10 replies
You split him 235k so he will be capital gain neutral after the interest deduction.
Alex Applebee
My first flip at 26, a woman, ZERO construction skills.
29 July 2016 | 337 replies
He uses maple cabinets, granite, bamboo floors, neutral colors with some punch.
Amanda Kwem
DUAL AGENCY not disclosed, pressuring 200k over asking with seller financing
24 October 2023 | 52 replies
It is held in a neutral third party escrow or at the lawyer's office for states that require a closing attorney.
Mark Kim
Getting started - out of state investing
3 April 2023 | 47 replies
I forgot to mention the 3rd criteria, whether the local regulations are neutral or favorable for rental business.The 4th, if you can invest local then invest local!
Pablo Flores
Cash out refi with 75%LTV no points or 80% LTV w/ 1.25 points?
30 May 2022 | 7 replies
The Fed has been very clear that we do not even have neutral interest rates right now.
Amber Krueger
STR in Gatlinburg/ Pigeon Forge/ Sevierville
18 September 2022 | 50 replies
So someone selling a rental, is being bought by someone who will rent it, so it’s a neutral impact on the supply.
Hardeep Singh
Pros & Cons of House Hack Rent Control Property in Oakland, CA?
23 October 2017 | 7 replies
Even if a property is cash-flow neutral, depreciation and interest should put some money in your pocket.