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27 March 2020 | 0 replies
Engaged in any activity (definition):You are ineligible for unemployment insurance on any day in which you perform any services in employment or self-employment regardless of whether you are paid for these services.In my tax return I report the income in Schedule E, I don't have a corporation.
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1 April 2020 | 4 replies
I read through the Fannie Mae guidelines released on March 23rd and I see that they have actually relaxed some of the appraisal requirements but no where have they said to not initiate appraisals.I'm in a big problem now where I'm already in a contact, underwritten loan, appraiser is ready to perform appraisal but lender doesn't want to initiate appraisal.Should I be taking a legal route here?
7 April 2020 | 5 replies
Currently self-managing the property and my question is.....how often are you (or your property mgrs.) checking up, inspecting, performing maintenance on the property?
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27 March 2020 | 5 replies
I have 2 properties I'm thinking about either selling, keeping or doing a 1031 into a better performing property.
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6 April 2020 | 43 replies
It's happened in previous recessions, don't exercise that option unless you really need to.
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27 March 2020 | 0 replies
Their stock has performed very well, relatively speaking, throughout the downturn.
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30 March 2020 | 6 replies
You'll derive the value based on the NOI and cap rate for your submarket, as opposed to neighborhood comps, etc.While your lender will focus on the property's performance, there are other personal hurdles such as net worth and liquidy requirements that need to be met for qualification.
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28 March 2020 | 4 replies
“But lenders don’t want these properties back.”Smeck said lenders will likely look at a property’s performance before the coronavirus hit.
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30 March 2020 | 5 replies
If the agent is a business entity then the agent must meet the requirements of Title XVII of the Revised Code to transact business or exercise privileges in Ohio.Northwest Registered Agent will serve as statutory agent for an annual fee.
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28 March 2020 | 9 replies
The appraisal inspection would also show if any new repairs were performed or needed by the age of the building and how well it has been maintained.