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Results (10,000+)
Eric Fernwood June Las Vegas Rental Market Update
19 June 2024 | 3 replies
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents continued the up trend as expected.
Tonia Edgeston Seeking To Redeem Family Property Due To Back Taxes
21 June 2024 | 2 replies
@Tonia EdgestonIf it’s non owner occupied you could get a hard money loan to pay back taxes and repairs but these are short term (typically 6-12 months) then you would need to refinance the propertyYou mention this is also in probate - depending also on other debts etc it all may be for not and you may need to sell to pay off other creditors.
Milton Chamberlain Kansas City MO NEW Source of Income Discrimination Ban Ordinance
22 June 2024 | 17 replies
It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.
Kymberly Chase Taking Line of Credit from my STR business
20 June 2024 | 12 replies
Fund & Grow charges their clients money to guide them towards business cards.  
JJ Flores how to leverage equity of paid off home
21 June 2024 | 8 replies
I think I just need to find someone that will loan me what my house is worth and charge me some super high interest rate that I don't mind paying and give me a 3-6month window to buy a new place and sell this one (which have been selling in my area within a week) and payback the loan/interest.
Lynn Wong Transferring grant deed and tax questions
21 June 2024 | 1 reply
I am a co My nephew and I were on the deed from 2019-2022, then he transferred to me as sole owner as a “gift” since he doesn’t want to pay mortgage anymore.
Juliette Olsen Self manage or hire property management, that is the question?
20 June 2024 | 23 replies
You want to rent out your house but wonder if you should use a property manager or self manage.I always advise my clients to use a property manager to make owning investment real estate as "passive" as possible and if the property manager is good they will help you maximize rents with their management and reduce turnover and the cost of tenant turnover.
Eric Lind Mortgage Lender tells me to not pay full credit card balance?
17 June 2024 | 16 replies
They told me to get a Capital One secured card and never pay it to zero.
Thomas Sbahtu Purchase a land, Plan Purchase and Customization
19 June 2024 | 3 replies
I generally recommend my clients work with a builder who has done 5 or more new builds on their first deal.
Tomer Maoz Should i pull equity from my rentals using HELOC
23 June 2024 | 12 replies
If you plan to pay down quickly, splitting into two loans makes more sense because you can attack the more expensive loan with the extra principal payments and rapidly change the weightings, reducing the blended rate with each payment (fyi - most investment property 2nd liens will have prepay penalties).