Steve Schmidt
Advice Needed on Selling Note Partial
1 November 2024 | 19 replies
This depends on your agreement and whether you are hypothecating the note (meaning you own the note and are borrowing against it) or doing a partial where you are selling that portion of the note and issue a collateral assignment.When i did partials I did it as a hypothecation where I kept control of the note because those who typically buy a partial are not savvy note investors and if it went into default the first call they would make would be to you.I know some who let the buyer own it and they would be calling the servicer every week asking about payment or emailing the etc. then if it did not show up they would be calling them.How you structure it is up to you, just realize there are pros and cons for both
Mike Harvey
Starting with section 8
2 November 2024 | 8 replies
Landlord’s only option to collect funds for damages is to take tenants to court.More and more tenants are only having a portion of their rent covered by S8, so landlords need to still screen S8 applicants for portion they must pay.Landlord cannot charge S8 tenants a portion of shared utilities – which can lead to the infamous tales of tenant retaliation against landlord by blasting heat on high with open windows during winter.S8 caseworker response times can be very slow, as they are usually overworked & underpaid.Again, overall it’s a pretty good deal for a landlord that does some decent screening.Exposing Section 8 Housing | Tenants From hell 243 - YouTubeLiberals Blame this Eviction on Landlord Despite the Before & After Footage | Tenants From Hell 241 - YouTubeMy first Baltimore buy & hold investment - SOLD (Lessons learned) (biggerpockets.com)Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?
Collin Corrington
San Antonio 2025: The Alamo City's Tech-Driven Real Estate Renaissance
4 November 2024 | 1 reply
The city is projected to add over 1 million new residents by 2040, with a significant portion of this growth occurring in the next five years.
Yehuda Spiewac
STR Co-listing - Tips
5 November 2024 | 5 replies
The monthly profit can be anywhere from a few hundred dollars to a few thousand dollars depending on the size, condition, and rental rate of the property.
Benjamin Amaral
Canadian Applicant with no SSN
4 November 2024 | 8 replies
Additionally, he reported a significant portion of his income comes from a side business he has, and he offered to provide me with "a couple of invoices."
Brett Deas
Need input from MTR landlords!
6 November 2024 | 13 replies
Every market is also extremely different from the next, so there's no one-size fits all approach.
Jazmin Winsor
Purchased first home, house hacked and needing tax advice
31 October 2024 | 4 replies
I do work remotely from the home and was also wondering if I could write off the portion of where I use the space as a office on the same home as he’s claiming without causing any flags on the property address.
Garrett Brown
This tiny home STR site makes the same as 5 Star Hotels.
2 November 2024 | 8 replies
Much preferred over normal size homes.
Brandon Weis
Exercise Equipment: Function vs Aesthetic
2 November 2024 | 9 replies
@Brandon Weis it sounds kind of tacky for the size of property.
Sean Conroy
Inherited Property - Strategy Question
1 November 2024 | 9 replies
The property has enough land to potentially subdivide and build another 2 units (maybe 3 to 4 depending on size).