Deanne Bourne
Prop 19 FORCING PROPERTY SALES
11 February 2024 | 9 replies
@Deanne Bourne Why do you think it's passage was so heavily supported and financed by Realtors?
Nicole Holcomb
Property Tax Avoidance in California
11 February 2024 | 6 replies
I do not know the odds of passage, but I will be voting against it even though there is one aspect I like.
Bryan Contreras
BRRRR Strategy Question
11 February 2024 | 34 replies
It passed.Since the passage of prop 13 there have been a few attempts to invalidate parts of it.
James Carlson
Colorado's push to increase STR taxes is softening
9 February 2024 | 20 replies
There are a couple notes from the article that make me think this, but the biggie is this passage halfway down:"The sponsor of the bill said he plans to offer amendments to narrow the bill with less of a focus on people renting second homes and more attention paid to hotels that convert to privately owned units that are taxed as residential but still operate like a hotel.These giant corporate properties that are being misclassified as residential but are being rented out as a hotel.
Jonathan J.
CA Tenant Laws
7 February 2024 | 9 replies
Lesson: make sure all units are legal and everything is up to current safety codeThis arbitrator's ruling seems crazy considering CA law (SB13) allows 5 years to legalize any safe bootleg units from the initial passage of the law.
Jack Lander
Who needs help getting started with wholesaling ?
30 January 2024 | 37 replies
I do recommend very strongly before you go buying the same list everyone else is buying and worry too much about dialers and the such that you take the very first right of passage that I believe every investor should take.DRIVING FOR DOLLARS.This is also probably one of the lowest cost of entry while also being one of the surest paths to success.Simply start going through the B and C areas of your town and start looking for signs of distress and abandonment.Look for the tall grass, homes that you can see right through at the windows, homes with no curtains and no furniture inside, damaged mailboxes, mailboxes with no doors, missing mailboxes, cars with expired tags which have obviously not been moved in quite awhile, etc…Once you have found 20-50 addresses, look them up on the county’s property appraiser.Here is a link to a site that will pull up the property appraiser, clerk of courts and tax collector for every county in the country.
Tony Crabtree
Changing the locks?
26 January 2024 | 26 replies
I install the Schlage BE365 model, which is a deadbolt, and use a "passage knob" for the handle.
Mack Owens
Quit Claim Deed / Finding Lender - Please Help!
27 January 2024 | 14 replies
Originally posted by @Paul Defngin:@Mack Owens check this out “SERVICING: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (11/08/2017)This topic contains information on allowable exemptions due to the type of transfer.Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:~ the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.”Paul,Forgive me for my lack of understanding.Is that passage stating that if I were to obtain a conventional/traditional mortgage and transfer the title to an LLC there would be no review of the loan since I would be in control of the LLC?
Denise Evans
Alabama Tax Sale Redemption Rights
14 January 2024 | 234 replies
Someone might tell you the administrative redemption rights have expired, but that still leaves judicial redemption rights and lienholder redemption rights that are not tied to the mere passage of time, but require some additional actions PLUS the passage of time.
Joey English
How the Fourth Commandment will make you a successful investor
12 September 2016 | 0 replies
So knowing that He rose Sunday morning, when I read the following passage, it told me what day of the week Sabbath is.