Kenny Yoo
Can I resell the auctioned property ASAP after I win the auction?
10 July 2020 | 4 replies
"Seasoning" usually has to do with appreciation like, if you buy at auction for $100K and then sell inside of 90 days for $200K, you might get some resistance on government loans for a few months (If you are planning on using new appraised value) but, if you sell for $100K (Or around there), i don't see why you could not get government financing inside of 90 days (Your buyer get government financing i mean).
Juan Pardo
Understanding Title in the United States - Foreign investor
15 July 2020 | 10 replies
And I read insurance is needed to buy a property, which sounds shocking to me, meaning there may be a high risk involved in something as simple as purchasing property.In Spain, where I live transactions regarding property are supervised, governed and administered by government appointed officials, notary public and land registrar, and they can solve any doubts a prospective buyer has about a property transaction.Title can be reviewed asking the Land Registry for the property's file.
Conrad Martin
Can one investor change a whole town?
8 July 2020 | 4 replies
The Big picture guy can work with the local chamber of commerce and local government officials to grease the wheels for the volunteer committee people.Also get to know personally your state lawmakers--go visit them with your vision board (they control the purse strings).Just my 2 cents.
Jack B.
People with destructive, wild, misbehaved kids during tours...
27 July 2020 | 45 replies
Literally it was just a simple 2 sentences, not even remotely close to official looking, and I pointed that out and the fact that if that was the case the government records would reflect that.
Alberto M.
Cap Rate Compression
19 July 2020 | 15 replies
As long as the government keeps the printing presses on, then people will have more dollars to throw at investments.
Kenny Hsu
Invest now, or wait for the correction?
13 July 2020 | 63 replies
The federal government is pumping tons of money into the economy which is propping things up.
Kenny Hsu
(Relatively) Landlord friendly cities in Puget Sound?
12 July 2020 | 6 replies
Even if additional regulations are passed statewide, the local government leadership should continue to be a bit more balanced.FWIW I spent a couple days in Spokane last week - I cumulatively walked or biked about 40 miles around various neighborhoods.
Jenny Sung
Tenant is Trying to Break Lease - Advice/Insight
10 July 2020 | 5 replies
If it is section 8 then the check would come from the government.
John O'Brien
NJ Tenant Removal: Adding Clauses to Contract/Post-Close Options
12 July 2020 | 11 replies
Again, I’m planning to do everything that the BOH would probably mandate anyway, so I’m not so much concerned about that piece as I am about opening up a new can of worms by getting a government agency involved (and in a tenant friendly state).
Danny Webber
25% of NYC apartments have not paid rent since March
11 July 2020 | 2 replies
You have to be careful where you buy and what kind of governments are in place.Nationwide on single family and apartments I've heard collection rates in the past 3 months are pretty much on track with last year.