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25 February 2024 | 17 replies
Quote from @Russell Brazil: Fair Credit Reporting Act requires that you give them a copy of their credit report Actually I believe it requires you to guide them to where they can get a copy IF you used it as a reason to deny.
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25 February 2024 | 10 replies
Hey there @David Tang - I actually didn't ever hear of a program that was offering a 12 month stipend...someone I know did it back when it was 6 months and now my understanding was a 3-month stipend with a potential renewal for 3 months.We have wanted to use the Chicago program ASERAP (happy to share their contact info), but fall in line with others regarding employment...the most important thing is income to pay after they move-in because if you get into a sticky situation down the road the upfront rent won't matter.Definitely following this thread to see if anyone has placed migrants and understand what they did for income requirements.
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26 February 2024 | 7 replies
What it actually is is just an alt-coin tied to a property to raise capital.
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26 February 2024 | 32 replies
Investor recently reached out again and now wants to invest.I change my mind, it's actually not communism.It's insanity... hehe
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26 February 2024 | 58 replies
In Colorado, prior to HB22-1137 in 2022, we had a lot of problems with predatory and corrupt HOAs and their attorneys who actually foreclosed on hundreds of properties over what started as fines of less than $200.
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25 February 2024 | 5 replies
Specialized Real Estate Investment SoftwareThere are several real estate-specific software solutions like Stessa, Realtyzam, or Propertyware that are designed for investors to track and manage their properties.Pros:Tailored for real estate investments, offering features like tracking income and expenses, document storage, and reporting.Some platforms offer automation and integration with real estate market data, enhancing decision-making.Cons:Cost: Most platforms come with a subscription fee.May offer more features than you actually need, depending on the size of your portfolio.4.
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25 February 2024 | 7 replies
Say they list a property for $100k, and it will cash flow for you at that price, but they actually have more than $100k in debt on the deal.
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26 February 2024 | 12 replies
Those returns might be sexy, but doesn't mean the actual deal is.
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25 February 2024 | 12 replies
I think providing the option for cleaners is important but mandating like a few others have said in this forum already is not necessary and could actually be detrimental.
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26 February 2024 | 7 replies
That actually really goes for brokers, contractors, and property management.