Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
No negative action however ridiculous was not stifled, instead it was declared the system need conform to facilitate there whims however ridiculous.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
It was declared a Ponzi after some very smart investors are united together and gave evidence to law enforcement.Funny we got our investment back 97% up to this day because the asset is the single family and the value keeps rising.Now we have so so-called real estate company that re-invested investor money into another high-leverage business (outside real estate), if that's not a scam or high-leverage ponzi I don't know what that is.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
Code § 1701j–3 - Preemption of due-on-sale prohibitions(1)the term “due-on-sale clause” means a contract provision which authorizes a lender, at its option, to declare due and payable sums secured by the lender’s security instrument if all or any part of the property, or an interest therein, securing the real property loan is sold or transferred without the lender’s prior written consent;
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
ThanksA property two doors down from one I own with an old house shoved in the rear of the lot sold for $650k in 2018, the developer that bought it built a new house in the front and had the old house declared an ADU.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
They claim once the paperwork is completed and the approved loan funds are moved into the lawyer's escrow account, for every drawl I make there will be a revised sub contract declaring my monthly interests payment based on the amount drawn and not the total amount approved.
Paulette Midgette
Looking For People With Knowledge of Eagle Rock Resort
3 December 2024 | 22 replies
Notably, there is often an unfortunate cycle where: (1) current ownership has financial struggles; (2) this requires the current ownership to fire sell or declare bankruptcy; (3) the development suffers as a result; (4) new ownership comes in and tries to fix it; and (5) the cycle repeats.
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
@Ryan Knoetze As far as I know, these are the areas (in red) https://cdn2-img.pressreader.c...I just read some news saying they are now allowing new AL licenses BUT only for 5 years, after that they will re-evaluate them and decide wether you can keep them or not.Also, regarding taxes, if you apply for an AL license you should declare your rental income under category B, this type of activity receives a special treatment under the IRS and tax is calculated on sales, in other words you are only taxable on 15% or 35% of your invoiced income, depending on the way your business is structured.Capital gains are not charged if the property is more than 30 years and you refurbished it or if it is located on an urban rehabilitation zone.
Ryan Goff
Grocapitus - Anyone have experience with them?
11 January 2025 | 168 replies
As far as Lance Kawaoka's claim that the reason there wasn't much response to a post about checking on the quality of a large, well-known, super-markety sponsor is that members wouldn't want to declare that they are a high net worth individual just doesn't hold water.
Rene Hosman
If you had one question for a professional house flipper, what would it be??
4 December 2024 | 25 replies
While you are renovating, a squatter can break in and declare its theirs and could take you a year to get them out.
Kevin James
Liable for tenant’s high hotspot cost due to internet setup delay?
27 November 2024 | 26 replies
Declaring that I did something unethical, with intent, was an poor assumption.