Janet Behm
Daily Fines of $500 for Failure to File by Year-End
30 October 2024 | 2 replies
Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’
Nolan Fernandez
Buying house with Section 8 voucher
3 November 2024 | 24 replies
Section 8 Homeownership Vouchers (TOTAL) DefinitionSection 8 Homeownership Vouchers refer to housing subsidies received under the Housing Choice Voucher homeownership option from a Public Housing Agency (PHA).Required DocumentationThe Mortgagee must verify and document the Borrower’s receipt of the Housing Choice Voucher homeownership subsidies.
Janet Behm
Multi-Family Will be Fined $500 per day for failure to file
30 October 2024 | 7 replies
Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information”.The BOI program, a key tool in the fight against financial crimes, requires every business to document their 'Beneficial Owners '.
Cynthia Leite
Scope of work (SOW)
31 October 2024 | 4 replies
Initial Inspection and Assessment: Document property condition before work begins.
Ricardo Polanco
Termination of a tenant Lease
29 October 2024 | 8 replies
There is a legal concept that when a contract is ambiguous that it will be interpreted in favor of the party that did NOT write the document.
Daniel Lioz
What are the steps to buy from CREXI or LoopNet?
30 October 2024 | 1 reply
Once you get that, sign it and send it back, then request their financials and documents pertaining to the sale.
Maria Apostolova-Mihaylova
Changing tenant screening criteria mid-marketing
28 October 2024 | 5 replies
Getting less every month is still generally more cost effective than dealing with a tenant that stops paying or causes damages to the property.However, if you do decide to change your selection criteria and you are worried about fair housing, the main thing is documentation.
Ram Gonzales
Lenders who allow wraps?
29 October 2024 | 9 replies
google All inclusive Deed of Trust state of CA.. that will give you a really good description and if you can find the actual deed of trust to read its a great wrap document .. in practice you have a current 100K loan at 8% you sell by owner and take a 125k note at 9% the 125k wraps the 100k.. you continue to pay on the 100k the while the new owner is paying on the 125k payment lets say on the 100k are 1k a month the new payment is 1.2k a month you make the 200.00 delta..
Alex Stariha
Property Management Software
30 October 2024 | 13 replies
If you want to email me, I can send you a document with the bullet points.
Janet Behm
$500 Daily Fine for Corporation, LLC, & HOA
28 October 2024 | 0 replies
Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’