Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
18 June 2024 | 0 replies
This one is released by the Bureau of Economic Analysis instead of the Department of Labor.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
It truly is that-- hold on for dear life.
Doreen Linder
Sarasota Area Short Term Rentals
16 June 2024 | 15 replies
The rental agreements between the owner and the renter must mandate language by the city.Lastly, the owner or agent must be available by telephone twenty-four (24) hours a day, seven (7) days a week, to respond to police, fire, or other emergency personnel requests.City of Bradenton BeachThe City of Bradenton Beach allows short-term residential or vacation rentals, but the owner must obtain a permit or license from the Division of Hotels and Restaurants of the Department of Business and Professional Regulation, which is very similar to the Anna Maria requirements for the application of license as set forth above.
Charwak Gummalla
Commercial real estate lending options
15 June 2024 | 6 replies
The property is rented by DCFS ( department of child and family services) a government tenant and are occupying the building for last 30 years and have no plans of relocating.
Errand P Braithwaite
Is this cause for concern 8 months rent
15 June 2024 | 11 replies
The nun's explained that they proposed the advance payment to cut down on the work of their AP department, simplify their finances, as they would be renting a number of rentals, and having the AP department prepare checks monthly would overwhelm them.
Matthew Bruzek
Temporary Mortgage Freeze?
15 June 2024 | 6 replies
@Matthew BruzekWhat state is this in, there are also departing home programs which are bridge loans that will work with you and be short term financing to buy a home while you sell your other
Sharon Tzib
Houston Housing Stats May, 2024
13 June 2024 | 2 replies
https://www.har.com/content/department/newsroom?
Brian Freeman
My Story of being scammed by Morris Invest and Oceanpointe
15 June 2024 | 54 replies
Linwood Ave from Dave Koehn | PDF Attachment8/29/2016 - Received photos of 2021 Linwood Ave from Dave Koehn at Morris Invest8/29/2016 - Brian Freeman e-mails Dave Koehn of Morris Invest to take the Linwood property8/29/2016 - Nicole Meckley emails Brian purchase agreement8/30/2016 - Nicole Meckley emails Dan from Paramount Title9/7/2016 - Sale closing of Property9/12/2016 - Nicole Meckley sends me info for the cost to rehab; ($5,100) | Estimate Attachment | Wiring Instructions10/3/2016 - Nicole Meckley responds to Brian Freeman that the flip is now complete and they will send photos and start marketing the property;Note that the property never needed to be “marketed” as there was purportedly a tenant already in place at the time of sale of the property (see 12/13/2016 below)10/13/2016 - Nicole Meckley writes that the flip is complete and she only has a photo of the furnace because there’s a tenant in already;Note that if any rehab was done it was while there was a tenant occupying the property10/18/2016 - Nicole Meckley writes all of the contacts at Oceanpointe to start rent deposits;Note that Oceanpointe likely received and collected a month rent without remitting it to the new owner from closing date of 9/7/201610/31/2016 - I notify Morris Invest that I have already been cited by insurance for an improper dog breed;11/15/2016 - I write Clayton Morris that I never saw the before & after rehab photos; I ask for the lease paperwork.11/18/2016 - Bert Whalen tells me he will send me the photos personally;11/29/2016 - Nicole Meckley writes an email with photos after the flip that are of poor quality; she sends the repair estimate that states what was fixed; | Part 2 | Estimate11/29/2016 - Brian sends payment by wire via Wells Fargo $2,55012/13/2016 - I inform the Morris Invest team that I still do not have a copy of the lease;12/13/2016 - Clayton emails me a one page lease signed by a Kent Stork on 7/2/2016 (prior to my purchase of the property - I did not notice this at the time)Copy of lease4/17/17 I write to Clayton Morris informing him that the taxes doubled from the advertised taxes for the property;11/2/2017 - I write to Clayton informing him that I am being sued by the Marion County Health Department; | Copy of Summons and Complaint11/3/2017 I write to Clayton Morris asking if it’s normal to get sued by Marion County; he replies yes that his office handles it;11/3/2017 I write to Clayton Morris informing him that is was a surprise there were so many reported issues with the property;12/29/2017 - I inform Clayton / Oceanpointe that I was cited again and he tells me that they are working on it.
Alex Shaughnessy
Advice on property management
12 June 2024 | 7 replies
Regarding not having a single point of contact, that is called the PM Setup and many larger companies, ours included, have migrated to either Team or Department setups.
Pandurang Kulkarni
Referral for Invictus Method
13 June 2024 | 14 replies
Dear BP community, Has anyone worked with the Invictus Method, a turnkey provider, to buy rental properties?