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18 March 2020 | 6 replies
@Rashard Alomari we have been creating short term JV deals for middle-class investors to put their money for the next 6 months and get returns through our military rental program.
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19 March 2020 | 1 reply
Thoughts on how the current situation will affect rental assistance programs like section 8?
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23 March 2020 | 10 replies
Take a look at what the tenant is receiving and see if it's the signing program, the lease document, or something entirely different that is making them run.Hope this helps.
19 March 2020 | 1 reply
And maybe the federal government will come up with a rent relief program of some sort, I have no idea what's going to happen.
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30 April 2020 | 3 replies
BiggerPockets is working on a piece that will share all relief programs that might be available to Americans (disaster relief, financial relief, unemployment, medical, etc).
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23 March 2020 | 9 replies
Ensure you start thinking about and developing a Rental Deferral Program and/or offer to start accepting credit card/debit card payments for rent if you haven't already.
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23 March 2020 | 2 replies
I am looking to connect with other Real Estate Agents who have drive and motivation like myself to get together in person or via Skype, face time, zoom, phone etc. to practice scripts, role play, objection handling and talk about other items such as marketing, campaigns, drip programs.
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20 March 2020 | 4 replies
GETTING HELP NOWNYTimes - Money MattersUnemployment - law expires 12/31States can access when they have 10% rise in unemploymentUnemployment is typically 45% of lost incomeMost states pay 26 weeksDon’t have to lose your job, can get it if: you are quarantined, furloughedGetting unemploymentHave to have been at job for 30+ daysEligible for 2 weeks paid if ill or quarantined or caring for sick family memberPart time workers can get average of normal 2 week salarySelf-employed (gig workers, etc) must calculate daily average and claim as tax creditWho is exempt:People that work at companies that employ 500+ peopleCompanies with fewer than 50 people can ask for an exemptionEvictions + ForeclosuresMoratorium right now on bothSuspended for 60 daysThis includes foreclosures that are in processTaxesCan hold off on paying (without penalty) until July 15th if:You owe less than $1 million to the federal governmentIf you are getting a refund, it will come in a normal time frameMortgagesFind out who owns your mortgage + what programs are availableRequest Assistance (Fannie Mae)Small Business ReliefSBA Economic Injury Disaster LoansSmall business loans up to $2mil3.75% int rate for businesses | 2.75% for nonprofitsDenver Small Business ReliefDENVER RE TRENDS - please note you should watch Seattle, as what happens there will likely come to Denver and Colorado SpringsPulled data for detached/attached homes within 6 miles of a client property in Sloans Lake$350-$500KMore properties went under contract in past 5 days than in two other 5 day increments we recorded (11-15, and 16-20 days out)35 of those were on the MLS for 6 or fewer days$500-$700KSimilar to above, 5 days out is beating number of houses that went under contract 11-15 days out and almost the same as 16-20 days outCitywide: 2.4 homes were falling out of contract/day in March. 5.8 for Feb. 2.7 for Jan. $800-$1.2Mdown from 5 day increments before, but not significantly and a small data set
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20 March 2020 | 3 replies
As a new investor, personally, I have to say nobody should ever pay for a course or mentorship program, period.
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20 March 2020 | 4 replies
Read the instructions but you are going to have a difficult time doing yourself.