Duke Giordano
Syndication Changes During COVID
8 May 2020 | 17 replies
Thanks @Greg Dickerson, @Spencer Gray, @Roni Elias for your comments.Yea, I agree with two big factor being the debt type, and rent increase assumptions that will be effected in deals going forward.
Tadela Tedemet
Protecting your energy
3 May 2020 | 9 replies
In 7 Habits of Highly Effective People Stephen Covey talks about "sharpening the saw."
Bruce Shiba
New lease agreements and increasing rent
1 July 2021 | 5 replies
Assuming notice is given on/before 5/15, this can go into affect on 8/15 with a signed new lease agreement effective 8/15/20?
Charles D.
Anyone in Washington state has any experience on evicting tenant?
22 June 2020 | 9 replies
(Don't imply they have wasted the money elsewhere, even if there is a brand new car in the driveway, etc) This all needs to be documented so do it in something like an email chain making sure to identify their full name, the property, and reference important lease terms like the effective date, deposit amount, rent amount, how much they are behind, etc.
Kenia Crevoisier
You can deduct charitable donations even if you do not itemize
2 May 2020 | 0 replies
This means that people who take the standard deduction — which is $12,400 for singles and $24,800 for married-filing-jointly in 2020 — can still write off up to $300 in donations.This would take effect in 2020, so you’d claim the break when you file your 2020 return next spring.Deductions reduce your taxable income based on your federal income tax bracket.
Lyle Cooper
Will taking COVID-19 forebearance now impact lending in future
3 May 2020 | 0 replies
Effectively creating a small balloon payment at the end of both 30 year loans.
Tim Jones
Pandemic REI history
3 May 2020 | 5 replies
Hi everyone, So I'm curious if anybody out there knows the effect that was had on real estate during & following the last pandemic in the early 1900s.
Tommy Adeoye
Real Estate in NoVA (North Virginia), a bubble waiting to burst?
3 May 2020 | 10 replies
That evil voice in my head keeps saying - "the worst is yet to come". sometimes I don' trust it.Two parts question- 1.)
Jun Wang
My first rental property, I am excited and fluster. What to do?
15 May 2020 | 39 replies
This is your business, so operate just As a Property manager would, create a google voice # act as though you’re the PM.
Kevin M.
Proposed COVID Tenant Relief Bill- Philadelphia
3 May 2020 | 5 replies
Some major points in the bill; Extend the eviction moratorium for 60 days after the state of emergency order is lifted for residential renters as well as small businesses, with an exception where there is risk of immediate harm.Allow renters with financial hardships to pay rent over an extended period using a year-long repayment plan.Create an eviction diversion program that runs through December 31 2020, requiring both landlords and renters to participate in a mediation process designed to help resolve issues before they lead to formal evictions.Stabilize rents during the pandemic and for a year afterwards, during which landlords would be limited from increasing rents, retroactive to March 1, 2020 for those experiencing financial hardship related to the pandemic.Waive late fees on rent during the pandemic and for two months afterwards, which is retroactive to March 1, 2020 for those experiencing financial hardship related to the pandemic.Allow renters who are illegally locked out to recover damages caused by the illegal lockout.Call on the PA General Assembly and the US Congress to provide municipalities a comprehensive relief package to stabilize the local rental housing market and assist property owners, including large-scale rent subsidies for landlords to make up for lost revenue.There are concerns, expressed by HAPCO, that passing this bill would have a disastrous effect on property owners in Philadelphia by essentially passing on the costs of the COVID crisis onto owners.