Bruce Woodruff
Thoughts on the California fire repercussions
22 January 2025 | 17 replies
The California government will deal with the damage the same way all governments do , they will find a way to raise taxes or get the Feds to pay for it ( that will be difficult with the new administration ) Here is what I find ironic , California has C.A.R.B. to pass regulations on vehicle emissions .
Angel Perez
Can I get a loan for a property uninhabitable?
24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
Amit Chugh
Section 8 Property
5 January 2025 | 5 replies
Hey Amit,Section 8 is definitely appealing to a lot of out-of-state investors because of the perceived stability of government-backed rental payments.
Polat Caglayan
about section 8
21 January 2025 | 13 replies
Pretty good book on the subject:https://www.amazon.com/Subsidized-Comprehensive-Government-F...
Chris Seveney
Home Payments as % of Median Income
2 January 2025 | 12 replies
When you're talking about interest rates dropping I think you mean mortgage rates but the government isn't getting rich off of those.
AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 2 replies
Is the option government supplied insurance where taxes supplement the insurance?
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Overall, these measures underscore the federal government’s effort to alleviate the financial strain on those affected by natural disasters.
Laurence K.
Police Bodycam footage
10 January 2025 | 5 replies
I'm sure over time more laws will be created to force the government to give that information in a more timely manner but for now they often obstruct the public by withholding it for a time.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
Your park name has now landed on someone's government desk and you will eventually be forced to answer a lot of uncomfortable questions.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
After a $500 plumber bill I no longer wish to continue stressing out about this business; at the beginning (10 years ago) it was fun and challenging, now, after seen how we are the ogres (landlords in general), the outrageous government response with the eviction moratorium during Covid, the raise in taxes and insurance, service people who charge you more than a brain surgeon, the fact that this country is becoming dangerously socialist and the tenant drama I finally decided It is time to look elsewhere for investments.I just cannot find any information of what to do when I sell my properties.