
18 May 2023 | 50 replies
On finance side we had NO Doc's, stated income, no income verification, interest only 3/5yr ARM loans happening.

23 May 2022 | 5 replies
If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

26 February 2018 | 2 replies
., going from shingles to to clay tiles) used, if so it may be a betterment - NO the same grade shingle will be used, so again N/A.4) Was the work related to an enlargement of the building, if so it may be a betterment - NO, so again N/A.XX) Tentative Conclusion - this is NOT a BettermentRestoration Questions:1) If ONLY the outer roof covering (e.g., Shingles) were replaced, but NONE of the underlying roof system/s, it is NOT a restoration - this appears to be directly on point and appears to point strongly to expensing2) If any significant load-bearing elements (e.g., decking/sheathing) were replaced, then the entire cost is likely a restoration - NO load-bearing elements were implicated, so this is N/A.3) If more than 40% of the insulation layer was replaced, it may be a restoration - NO insulation will be implicated, so this is N/A4) Did the Taxpayer claim a retirement loss for any portion of the old roof - NO, so this should be N/A5) Was the roof work performed because of other capital improvements - NO, so this should be N/AXX) Tentative Conclusion - this is NOT a RestorationI need to read the regulation closely to fully verify the above, but it seems as if their is sufficient basis for taking the position that a simple reshingling (and no more), can be expensed and not captialized.

8 September 2017 | 11 replies
I already sent them an email to Have supplies on handMake sure their renter's insurance is up to dateInstall hurricane shuttersIs there anything else landlords should to to assist their tenants (or help them make smart decisions regarding the hurricane)?

17 August 2021 | 6 replies
The insurance company will send you verification of the policy and they'll notify you if the tenant ever tries to cancel the policy.

21 December 2013 | 16 replies
Obviously credit background and income verification.

14 March 2023 | 46 replies
What you do with it is up to you, but because these loans are inherently risky (no income verification always is) and you're asking lenders to put up their money to fund your venture, while not asking you for much other than a minimum of 15% down, they are going to ask for a specific return on their investment.

24 March 2020 | 19 replies
I don't agree with security cameras except to monitor the entrances for security or verification of who's staying in the home.

30 May 2023 | 2 replies
Could someone please post a link or tell me the website to go to, to find property tax information or property owner information for Marion county, Indianapolis, IN?

13 June 2023 | 1 reply
Feasibility study and 3rd party verification shows extremely high demand in a very underserved market.Financing on this deal is $1.5 million raised from investor partners, all in for $5 million, $3.46 million financed at 65% LTV, 6.25% interest (banks still have funds earmarked for storage that are lending at competitive rates because it is considered to be a very stable asset class), 3 years of Interest Only payments, 25 year amortization.That puts our Gross Potential Income at year 2 at $946k, and we typically increase rents once we hit 60% occupancy.