Andrew Slezak
Section 8 rent increase
28 January 2025 | 9 replies
Hey team,I’ve put an offer on a property that has had a section 8 tenant for the last 8 years.
Bob Avery
Understanding BP Lease Fields
9 January 2025 | 3 replies
If it's zero, put in a zero, line through it, or something.If you don't use a manager, line through the entire clause and then you and the renter should initial the beginning and end of the line as proof it was agreed to.NHG (D) As used in this Lease, Landlord’s “Authorized Management Agent” means ______________________________, address:___________________________,who is also authorized to act on behalf of Owner for the purpose of Service of Process and accepting Notices NHGYes, you would check the line next to the form(s) of payment you accept.
Cristal Ochoa
PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
Our experience is that many lenders/servicer customer representatives may not know the protections that exist for those that want to put asset protection steps in place.
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
See responses to your questions below: Correct, California is uniqueTo qualify for REPS you need to meet a number of criteria, including (but STRs that meet IRS criteria generally don't need REPS to leverage tax benefits): More than 50 percent of his/her time working in real property businesses; AND, More than 750 hours of service during the year.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
However, these fees are subject to variation as they are determined by the banking entity providing the service.A Bank Trust not only transforms your dream of owning property in Mexico into reality but also offers unparalleled flexibility.
AJ Wong
🔓 Creative financing unlocks Multi Family Apartment Investment Cash Flow in Oregon
31 January 2025 | 3 replies
Due to current interest rates, many CAP rates are much lower than they should be and usually there is only so much price discount a non-delinquent seller will be able or willing to offer.
Josh Power
Mid-Term Rental Issue - Insurance Relocation
2 February 2025 | 1 reply
Their insurance has asked me to return the month's payment for the remaining days of their rental (Unfortunately, I did not have a cancellation agreement).I am unsure how to handle this situation, especially since I couldn't fill the majority of the rental dates and had to offer discounts for the days I did manage to book.
Trace Adams
New real estate company idea
28 December 2024 | 1 reply
These are all services that investors and homeowners will and do pay for so you're on the right track.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI haven't gotten insurance costs yet but it's been suggested that I plan for $2k per year.
Robert Adams
2 Bed Condo > Converted to 3 Bed and Remodeled = Sold for Record Price for a Profit!
2 February 2025 | 1 reply
I had a good relationship with the listing agent and was able to structure a below value deal (beating out iBuyers and other investor offers).