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26 September 2024 | 2 replies
I have seen a Heloc lower an investors scores due to excessive tradelines and due to the balance to credit limit percentage.
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25 September 2024 | 1 reply
The HOA might encourage swift action, but the authority usually lies with the city.PS: Texas counties have more power over land use regulations than cities in some cases, which can influence how properties in rural areas are managed after a disaste
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25 September 2024 | 6 replies
I have searched the web to find some paid subscriptions like Monarch or YNAB or Empower.
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26 September 2024 | 17 replies
Currently, the CBC mandates a percentage of new dwelling units to be ADA compliant, but I wonder if these units are quickly filled or if there is excess in certain regions.
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25 September 2024 | 2 replies
FMR for Section 8 is $1396 in my area for the BR count, I’ve already contacted the housing authority and have my units listed on the section 8 board.
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23 September 2024 | 33 replies
I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable.
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25 September 2024 | 7 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
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24 September 2024 | 4 replies
His comment on costs was $4k-$6k but I have no idea what that includes and I think it was a guess having no foreclosure experience in AL.Do you have any good web sites I can read about the process or anything else not immediately obvious?
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26 September 2024 | 10 replies
In future, find out the permit requirements from the AHJ (Authority having Jurisdiction).
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24 September 2024 | 4 replies
Since electricity and water is included in our rent, we also have a clause stating that if the monthly bill doubles compared to the month-comparable bill from the prior year, then the excess will be assessed as a fee.