
26 March 2024 | 4 replies
The amount of rent is based on the AMI which can be found here in this handy chart:https://www.sandiegocounty.gov/sdhcd/rental-assistance/income-limits-ami/so the calculation looks like this:For a 1BR unit (2 person household) at the very low income level you could charge a max of 1/12 of 30% of $48,500 or $1,212.5 per month.Also, in the agreement that I've seen (which was for a different City in CA) there were some restrictions against students.

27 March 2024 | 11 replies
My thoughts exactly and I look forward to checking out what you created.

26 March 2024 | 2 replies
I appreciate anyone out there who can assist or provide there insight with where to get started.I can be contacted via Linkedin, email, or phone.

27 March 2024 | 7 replies
Focus on the numbers, finding/buying/creating an opportunity, and maximizing the potential.
27 March 2024 | 13 replies
Instead, my recommendations would be to not only visit the places you've already mentioned but perhaps also attend a few local real estate meetups in those areas to get a really good sense of what's out there in terms of the lay of the land.BP is great for connecting you with local brokers/investors in the areas btw, simply hop into any of the local forums and create a post that you're looking to chat with someone!

27 March 2024 | 43 replies
If the bank call the loan generally speaking your not going to negotiate any type of continuance of the loan. so you have your 4 choices.1. sell pay off loan2. write a check ( its how we handled the 200 plus sub toos we did)3. refi 4. deed back to seller

26 March 2024 | 7 replies
And every state has it's own "downpayment assistance programs" (there are a couple that are nationwide) and some are income specific.

26 March 2024 | 6 replies
These are reported and "retained" on IRS Form 8582.Of course, if you are unsure or would like additional guidance in determining what might fit your specific situation, please reach out to a CPA/Tax Professional who may be able to assist.

26 March 2024 | 7 replies
DO NOT use HUD's maximum rent allowance as a metric for determining your own market rent.Moreover, when a section 8 tenant applies for rental assistance, the housing provider will essentially underwrite their application to determine their voucher amount.

26 March 2024 | 0 replies
Then, an easement would need to be created alongside the first house to allow access to the others behind it.