Jose A. Gonzalez
New To Real Estate Investing
20 March 2020 | 1 reply
It is extremely normal to be a little scared in the beginning.
Marvin Robinson
Full Gut or Moderate Rehab
21 March 2020 | 3 replies
I'm new to this real estate thing and I'm currently looking to acquire my first property in the near future, assuming life resumes back to normal at some point this year, and one of the most frightening aspect of real estate investing, at least to me, is construction!
Jean Santiago
How does Heloc vs Refinancing Work?
29 March 2020 | 19 replies
One nice thing at these foreclosure auctions is the foreclosure bank provides the mortgage, one I got at 10% down, but required seasoned cash. then they're also portfolio loans where the normal income, DTI requirements, owner occupancy rules are waived as the loans are not sold.
Scott Lyons
How long until you hear back from prospective tenant?
22 March 2020 | 4 replies
Will keep it in mind once things are back to normal.
Jimmy Epolito
Closing in 10 days! Excited and Hesitant! Let's Analyze It!
8 July 2020 | 23 replies
Make sure you have a contingency plan if things take longer to normalize than you expect.Also...if you don't know this already, insurance on a large (2,370 sq ft) NOO property is going to be very expensive.
Pete Storseth
Last chance to apply for credit lines?
22 March 2020 | 11 replies
I'm hoping that if things aren't returning to normal, I can be of service to those in a bind.
Peter Nikic
Communicating with your tenants Regarding COVID-19
23 March 2020 | 26 replies
Please note that this moratorium only applies to HUD subsidized housing.We recommend landlords and property owners take the following action: - Do not forgive any rent that is due unless you are prepared to forgive everyone's rent (which we do not recommend); - If you are going to offer hardship relief, compose written criteria outlining requirements for the relief and then apply that criteria to all applicants equally regardless of the tenants race, color, religion, national origin, age, sex, pregnancy, citizenship, familial status, and/or disability status; - Require your tenants to communicate with you in writing and keep copies of these writings in your tenant files; and - Continue to follow your normal processes and procedures, especially regarding evictions.
Ryan Daigle
Is Multifamily Truly Recession Resistant?
21 March 2020 | 28 replies
@Ryan Daigle and @Spencer Gray I think that both of you make good points under normal circumstances.
Shafi Noss
Syndication: How Valuable is the Time Value of Money?
20 April 2020 | 8 replies
You report income from a partnership based on your profit / loss % in the partnership and how much profit/loss the partnership reported.Regarding the 10% preferred - syndication normally don't distribute based on 10% of taxable income; they do it based on book income or cash-flow.
Tom Veit
Why are the bid-ask spreads so large in Philly for Multi Fam
11 March 2020 | 2 replies
Is this normal?