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Results (3,867+)
Derrick E. One of my keys to success with my low-income tenants
11 February 2020 | 124 replies
The look in his eyes and relief in his shoulders said it all.
Mike Kinder Foreclosure Acquisitions
21 February 2016 | 5 replies
That being said, if you can provide relief and get someone out of a tough spot, then it's worth it.  
Mindy Jensen BREAKING: HUD to suspend all Evictions & Foreclosures thru April
27 June 2020 | 46 replies
For HUD and Fannie MaeIf you borrow from private mortgage or bank that is not backed by fannie mae you have no relief at this time.https://www.fanniemae.com/portal/media/corporate-news/2020/covid-homeowner-assistance-options-7000.htmlHere are the link from HUD: https://www.hud.gov/press/press_releases_media_advisories/HUD_No_20_042
Danny Day Mortgage deal could bring billions in relief
9 February 2012 | 1 reply
Mortgage deal could bring billions in relief via CNNMoney
Cameron Riley Do you Ever Feel “ Landlords guilt “ Evicting Someone?
18 June 2023 | 152 replies
That the renter is automatically a knowingly using your good nature against you as the property owner toward their own benefit, and that they consequently should be treated without any respect or hope of reconciliation of the relationship they have established with you.
Kirsten Ostby Landlords: do you represent yourself as the Owner or Prop Manager
4 October 2016 | 55 replies
In the crazy rental market Denver has right now I can see relief and happiness show up on their faces because they just met someone who cares about the property.
Amber Walker Wholesaler from New Orleans
22 April 2016 | 8 replies
Our business is NOLA Real Estate Relief.
Roger Da Silva How Can I Profit Off of This Deal
31 January 2018 | 3 replies
bought property in March 2017 - put 20% down150,000 downmortgage 375,000 interest rate 8.25% 2/1 ARMseller misstated financials - thought they were actuals but were performaswhen got into the property was expect 7800 in rent but wasn't the case 2 tenants had gave notice - both were TRA (temporary relief assistance) day of closingGuaranteed for 6 months instead of a yearHad 6 TRA tenantseach were paying 1550 per monthflooded entire basement - Repairs Complete1175 (2 rentals) newly renovatedOriginal list price was 1350 but dropped down to 1175 (stayed on market for 69 days) - 2 rentals3 other individuals were phasing out of TRA - 1 stayed (1175) - no evictions from November - Januarylost $15,000 from 2 evictionsbrand new roof 2017Mortgage payment: 4200 per month mortgage and PMI taxes and insurance includedNationstar - amortized commercial property for 30 years - 30 year mark fully paid off 29 years left on mortgage -after 2nd year variable interest rate (max cap is 10 1% max for year 2/1 ARM)( 3 Months Behind on Mortgage)all 6 are there 1 is moving out on the 30th Apartment 3Lonly 1 left on TRA (court last Tuesday) - was going to be evicted lives for 3 months - gave TRA voucher for 3 monthsNeeds to pay $18,000 backpay for mortgage companyFebruary 1st $4,200Needs about $25,000 and some reserve to handle certain thingsBuilding pays for itself - Total is $7100 - mortgage $4200 - cashflow $2900has a partner and he lives over seas - he wants his money backbought at 500,000 March 2017Appraisal: 600,0000.70 = $420,000 Cash out Refi MaxBalance is $373,000 on mortgage $1600 to renovate the unit - Used Security Deposits for Renovationsno reserves in the bankNeeds full $18,000 —back 3 months in Mortgage—Once February is collected will be $1,000 shortTenants - all separate utilitiesPay only $100 for lights in hallway - all baseboard heating - bring own AC unit for windowsRenovated 4 of the 6 unitsNEEDS: $142,000 needed to pay off investor - wants 12% return (until he is off the loan) per year he is on the loanhe already received $8,000 OWES him $10,000 $142,000 + $10,000 = TOTAL: $152,000Back pay on Mortgage $18,000TOTAL $170,000$2900 cashflow monthly Owner wants $900 cashflow monthly out of $2900Any suggestions would be appreciated on how to structure this deal in order to benefit the seller, as well as myself.Lease options?
Jason Powell Pay capital gains and depreciation recapture in 2 sta
18 February 2019 | 3 replies
@Jason PowellYou may be entitled to receive a credit on your resident state tax return for taxes paid to another state.Oregon has a high state tax rate, so you may not get the dollar for dollar credit but you will get some relief.
Anudeep Pradhan Is it OK to increase rent by 12%?
6 September 2022 | 16 replies
Hi @Anudeep Pradhan,In line with the other posts here, and if I can add anything more, COVID relief has not been 100% removed from LA county rent increase moratorium.