Michael C.
Denver Under Contract on Triplex! Referrals and advise welcome.
18 November 2020 | 41 replies
We extended our objection deadline until Tuesday to try and do some more research.So if I cannot convert it legally would I be able to add another electric meter?
Walter Pape
Cap rate for Minneapolis/St. Paul surrounding area
27 September 2020 | 9 replies
THink I'd look more at $/SqFt, CapRates suffer from reporting bias.
Gary David
Using CARES Act to withdraw from my 401k to Invest
3 November 2020 | 5 replies
You are able to pull from the 401K piggy bank as many times as you want in 2020 unless its gotten extended, up to $100k or whatever you have vested.
Linda Manning
Turned my house into a fully furnished rental
25 September 2020 | 2 replies
I rent through a property manager to people who are in town on business for extended stays--usually 2 to 6 months.
Jeremy Hamel
Tenant Isn't Paying - What can we do
25 September 2020 | 16 replies
@Jeremy HamelI have owned multifamily in CT since 2006 and lets be honest, the eviction moratorium is going to keep getting extended well into 2021 in CT.
Shawn Blake
House Hack Multi-Family in LA or NJ?
12 October 2020 | 18 replies
You may or may not know this but with an FHA loan, the property must be owner occupied for a year so deciding to house hack in LA is going to extend the beginning of your investing journey if you're okay with that.I am not too sure of the market in New Jersey, but I still feel that a property in LA is a better long term investment in terms of appreciation and desirability.
Peter Shannon
Other structures homeowners insurance
25 September 2020 | 1 reply
@Peter Shannon A Homeowners policy automatically extends 10% of Coverage A, $506,000 to other Structures even if there are no structures on the property.
Sven Segers
1st property bought!!!
26 September 2020 | 20 replies
So many people suffer from analysis paralysis.
Andy Mirza
Foreclosure & Moratorium Updates
5 October 2020 | 14 replies
on the eviction side City of Portlandia just extended the no evictions until end of January 2021 .. then folks have 6 months to pay the rent they skipped.
Jimmy Le
Wholesale Leads via Loan Modification Records
1 October 2020 | 9 replies
This could mean either reducing their principal, lower their rates, or extending the loan term.Despite the government’s efforts with the Home Affordable Modification Program (HAMP), the study find that 41% of all loan modifications became delinquent again within 12 months.Additionally, loan modifications that had a loan-to-value ratio that was higher than 80% were more likely to default by an additional 17%.My hypothesis is that this pattern will also emerge in this upcoming flood of foreclosures.Armed with this information, we’ll to the County Clerk’s office to search for loan modifications that have occurred since April.