Steve S.
How much of a deposit can I keep? Section 8 catastrophe!
20 April 2020 | 8 replies
Here's what to do:-Document all the damage and get quotes-Send a letter to the Section 8 tenant stating they owe X amount over and above the security deposit - include the list of damages and the repair costs-Have the repairs done-Once the courts reopen sue the tenant (I've only ever sued in small claims though it sounds like you would not be able to get the full amount of damage in small claims as it's capped at $5000; so you can either sue at 5K or hire a lawyer, which is likely not worth it as lawyers are expensive)-In the event your friend takes the tenant to small claims and sues for $5000 and wins, you then go to the Housing Authority office and show them the proof (photos of the damage, contractor billing, supplies, etc.) so the tenant's voucher is frozen (it will be frozen until they pay you; of course there's a chance they won't pay you the 5K)-After a set amount of time (where I've done evictions it's 30 days) you go to the prothonotary's office (mine was located at the courthouse) and for a small fee you can get a lien against the tenant.
William Coet
Congresswoman Proposing Free Rent Nationwide, Government Takeover
21 April 2020 | 12 replies
Just looking at the whole debacle with the testing and supplies with COVID-19, do we really think that this will be done well?
Alec A.
First time home buying in Coronavirua era
21 April 2020 | 2 replies
From what I am reading, housing supply is low.
Daniel Kurkowski
Demand Side Analysis of COVID Crisis
24 April 2020 | 7 replies
After numerous conversations with investors, CFAs, data scientists and economists in conjunction with my own understanding and study as a CFA candidate, I thought it would be worthwhile to share my thoughts on how I think this crisis will affect the commercial real estate markets in the short and long run, with a few ideas on how to position ourselves to succeed.To do this effectively, I think we need to look at the economy as a whole on a macro level to consider which factors will influence supply and demand for investment real estate.
Lawrence Paul
Extra Cash - How to spend effectively!?
21 April 2020 | 4 replies
While it is wise to pay down debt, it is also smart to have emergency funds due to the global issues we are facing.
Michael Moussa
Broken oven Pennsylvania
21 April 2020 | 4 replies
In some cities that is something that should be supplied by the landlord even if the lease says otherwise.
Caleb Bryant
Who is doubling down, who is backing off?
9 May 2020 | 76 replies
We can sell in what is still a very hot retail market due to low supply, or we can rent if that becomes necessary (or even potentially sell it as a turn key).
Bob Santos
Weed maintenance on area beyond my property line
23 April 2020 | 12 replies
Can I get them to pay for supplies?
H Faryabi
Real Estate and Private Equity Investments
21 April 2020 | 6 replies
Im thinking rental units since the supply of rental units keeps falling.
Duncan Hayes
Wholesaling Larger MF Properties
22 April 2020 | 6 replies
Driving around my neighborhood, there are probably 15-20 single family houses for every one multifamily (duplex of larger), so the supply demand dynamics are even less in a wholesaler's favor than single families.