
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
@Claudiu Peter I love your energy on BP.

8 March 2020 | 22 replies
If an extra $80/mo on a hundred thousand property is going to make it a bad deal (reduced year after year, and BONUS, more of those tax deductions you were looking for.) then it’s a bad property to buy.

3 March 2020 | 1 reply
With hard money you have fewer dollars in the deal and therefore increase your IRR dramatically (and in some cases reduce your risk).
5 March 2020 | 8 replies
It sounds like you might be renting to a family member for reduced rent.

4 March 2020 | 24 replies
I am exploring all aspects of the real estate world to really hone in on what I want to focus my time and energy on.

11 March 2020 | 18 replies
That's because insurance companies consider the fair rental value of the unit and reduce the check by any avoidable expenses.

7 March 2020 | 9 replies
Structural engineering could be done prescriptively, however with the high wind and slow loads and mountainous siting, I am leaning toward using an engineer I've worked with on many projects before for a reduced rate, say 2k.

3 March 2020 | 2 replies
Chris Of all the banks I have gone to - small / big / coops - you have a selected who do financing on investment properties and than if they are condos and are nowarrantable the number reduces further.

5 March 2020 | 2 replies
A great way to reduce your living expenses.