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22 March 2020 | 10 replies
Deposits can not normally be disbursed until all parties sign off.
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20 March 2020 | 1 reply
It is extremely normal to be a little scared in the beginning.
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21 March 2020 | 3 replies
I'm new to this real estate thing and I'm currently looking to acquire my first property in the near future, assuming life resumes back to normal at some point this year, and one of the most frightening aspect of real estate investing, at least to me, is construction!
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29 March 2020 | 19 replies
One nice thing at these foreclosure auctions is the foreclosure bank provides the mortgage, one I got at 10% down, but required seasoned cash. then they're also portfolio loans where the normal income, DTI requirements, owner occupancy rules are waived as the loans are not sold.
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22 March 2020 | 4 replies
Will keep it in mind once things are back to normal.
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8 July 2020 | 23 replies
Make sure you have a contingency plan if things take longer to normalize than you expect.Also...if you don't know this already, insurance on a large (2,370 sq ft) NOO property is going to be very expensive.
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1 April 2020 | 5 replies
Most of the professional property managers are keeping up with the news on a ongoing basis Trunews broadcast as well as through property manager forums associations and Facebook groups.
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22 March 2020 | 11 replies
I'm hoping that if things aren't returning to normal, I can be of service to those in a bind.
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23 March 2020 | 26 replies
Please note that this moratorium only applies to HUD subsidized housing.We recommend landlords and property owners take the following action: - Do not forgive any rent that is due unless you are prepared to forgive everyone's rent (which we do not recommend); - If you are going to offer hardship relief, compose written criteria outlining requirements for the relief and then apply that criteria to all applicants equally regardless of the tenants race, color, religion, national origin, age, sex, pregnancy, citizenship, familial status, and/or disability status; - Require your tenants to communicate with you in writing and keep copies of these writings in your tenant files; and - Continue to follow your normal processes and procedures, especially regarding evictions.
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21 March 2020 | 28 replies
@Ryan Daigle and @Spencer Gray I think that both of you make good points under normal circumstances.