Sagar Gulati
Legal Rental Application
22 February 2020 | 16 replies
@Sagar Gulati, disclosing the requirements are as simple as saying they need to pass a criminal background check and credit check, or whatever your requirements are.
Account Closed
Questions about becoming an appraiser
13 April 2020 | 3 replies
You'll have to take a couple classes, pass a couple of texts, and then before you're free to do appraisals on your own, you'll need to apprentice with a licensed appraiser.
Tom De Napoli
How will the COVID-19 Crisis Impact & Likely Recession Impact RE?
14 April 2020 | 0 replies
With Congress set to pass a $2 trillion stimulus package that includes increased incentives to keep workers on the payroll and an additional $600 in weekly unemployment benefits from the federal government, these effects could be somewhat ameliorated, but only for a short period of time.
Steven Mason
Condos & Multifamily Investments Tampa FL
14 April 2020 | 3 replies
In order for a condo to be approved, it must pass a lender condo questionnaire to qualify it.
Wendy Wu
AB 828 is an unfair!!!
18 April 2020 | 2 replies
State of California is trying to pass a bill to automatically decrease rents by 25% and change existing lease agreements.
Don Pham
FHA Multifamily Rental Qualification
12 June 2020 | 3 replies
These funds must be from your own sources -- gifts are not allowed.2) the property must pass a "self-sufficiency test". 75% of the market rents on all units (even the one you're going to live in) must equal or exceed the PITI.
Daniel Shuler
Broker-Only State Realtor License Questions
14 June 2020 | 5 replies
I can't speak specifically to North Carolina, but in most states (including Florida, where I'm located), you have to:1) Take a pre-licensing course and pass an end of course test2) Pass a state licensing exam3) Activate your license with a broker/brokerage (which may or may not require joining the National Association of Realtors)4) Join your local board of realtors (which may or may not require joining the National Association of Realtors)5) Subscribe to your local/regional MLS (usually part of the onboarding process with the local board)6) Complete any training and onboarding required to obtain and maintain MLS access7) Complete any required continuing education and pay annual dues to keep your license, board membership, and MLS subscription activeIn most areas, you're probably looking at $1,000 to $2,000 initial, and then $500 to $1000/yr thereafter, for all of the above.
Patty Capson
Eviction Moratorium Bill in Colorado
18 June 2020 | 6 replies
I think it would of been a good idea to pass a law similar to PPP program where individuals in bad financial situations due to COVID-19 could bring in proof of how much they paid for housing the previous year or are currently paying and receive a forgivable loan for that amount.
Meshael Eady
Very Old rental properties
2 July 2020 | 8 replies
Codes have changed over the years so it may not even be to current code and you may not pass a safety inspection. - Electrical - this is a big one.