
4 March 2020 | 22 replies
Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a property at a profit within five years of purchase.He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment.From Bernie's Website"When Bernie is president, he will:Create an office within the Department of Housing and Urban Development to coordinate and work with states and municipalities to strengthen rent control and tenant protections, implement fair and inclusive zoning ordinances, streamline review processes and direct funding where these changes are made.This office will convene key leaders, academics, experts, local officials, renters, tenants, and homeowners to create and implement these necessary solutions.Preempt laws that prevent inclusionary zoning for luxury developments.End exclusionary and restrictive zoning ordinances and replace them with zoning that encourages racial, economic, and disability integration that makes housing more affordable.Require that recipients of federal funding from the Department of Transportation and the Department of Housing and Urban Development make these important zoning reforms.Provide funding to states that preempt local exclusionary zoning ordinances to make housing more equitable, accessible and affordable for all.Make federal funding contingent on creating livable communities.Encourage zoning and development that promotes integration and access to public transportation to reduce commuting time, congestion and long car commutes.Prioritize projects that reduce greenhouse gas emissions, create walkable and livable communities, and reduce urban sprawl.Encourage zoning and development designed to expand and maximize the number of units fully accessible to people with disabilities.Place a 25 percent House Flipping tax on speculators who sell a non-owner-occupied property, if sold for more than it was purchased within 5 years of purchase.Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment.Encourage “circuit breakers” on property taxes to protect homeowners in gentrifying neighborhoods from being priced out of their own homes as their property values rise.READ MORE: https://berniesanders.com/issues/housing-all/From my point of view, anything that impedes or obstructs REI's cash flow is a bad thing.

4 April 2020 | 5 replies
If you bring a deal must be yours/Control It/ Mandate to it (OFF MARKET ONLY)4.

3 March 2020 | 5 replies
If you’re not in the city of LA see what city you are in and the rent control for that city.

3 March 2020 | 5 replies
If it’s really outside the seller’s control, there’s not a whole lot you can do other than maybe walk away and get your Deposit back.

4 March 2020 | 11 replies
The key is that the QI must be involved in the purchase prior to closing, the Purchase and Sale Agreement (and any escrow related documents) must be assigned to the QI so that the QI is now acting as the seller before closing so that when they wire the funds to the closing they are really wiring funds to a closing that the QI has control over as the seller.

7 March 2020 | 9 replies
With you designing though, you might be able to control these costs a little more.3.

3 March 2020 | 1 reply
How to control what you leave in the deal?

25 March 2020 | 6 replies
The question is how involved do you want to get with your investments and how much control do you want?

4 March 2020 | 4 replies
If you want to get control of this property so you can sell a different property and 1031 into the property you control then the answer is totally different.

5 March 2020 | 19 replies
It's not always a deal breaker, just another variable that you don't have control of.