Daniel Curtin
Rent to retirement. Good or bad?
26 February 2024 | 28 replies
A broker, acting as a broker under the guidelines of regulatory agencies, acting with the knowledge that they have a duty and responsibility bound by their licensing and being paid a traditional brokerage fee with full disclosure on the HUD of the amount is perfectly fine and there is no difference.
Michael Hayes
Passing Section 8 Inspection but Without Providing Appliances
23 February 2024 | 10 replies
@Michael Hayes you should discuss this with the S8 office handling the inspection.Most HAP contracts require a landlord to supply the fridge & stove, NOT the tenant.Violations of the HAP contract may lead to rent abatements and even banning of the landlord from S8 program (usually only with that specific Housing Agency).
Allen Berrebbi
Finding MTR tenants
22 February 2024 | 10 replies
Quote from @Allen Berrebbi: I meant traveling nurse organizations Look at local staffing agencies via google and then search the biggest local employers to get a rough idea.
Matthew Lewis
Questions about "adding value"
23 February 2024 | 6 replies
When you cross the point of the property is in move in condition/agency financeable there is a huge jump in value.
Verna Medlin
Seller Financing gone wrong? Any attorneys here?
24 February 2024 | 22 replies
There are a lot of facts about your situation that are missing from your story that are needed to make an informed opinion, therefore, I believe it's not reasonable to expect to receive any actionable advice on BP.Since you also write you're in your 70's, I suggest you look for an attorney, or a recommendation from a federal, state, local agency or private interest group (AARP comes to mind) for an attorney who specializes in elder abuse cases.Good luck.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
Palmer observed;“While the “claim of right” doctrine, the receipt of deposits cases, and the agency, conduit and trust fund authorities all deal with different situations, they have as a common premise the notion that a payment cannot be income if the taxpayer does not have the power to control whether it will retain the payment.”Quoted from the Conclusion of - Tax Accounting; By John B.
Patrick C.
ALE Solutions - Temporary Housing
22 February 2024 | 50 replies
My family had a similar experience with a separate housing agency.
Deano Vulcano
Investment house loan in company name
22 February 2024 | 14 replies
You can get a non agency or a DSCR loan under your LLC name.
Corwyn Oliver
Are DSCR loans good to scale a rental business?
22 February 2024 | 5 replies
When you are talking about best ROE (return on your equity), DSCR Loans are generally going to be a best bet ***as long as you don't qualify for conventional options*** - typically DSCR Loans will have better leverage than more traditional Multifamily financing, but when starting out and starting to scale - the leverage options for the Agency-backed conventional Multi-unit loans are going to be your highest leverage option by far - however, people typically max out on these options pretty early on - until truly working with large multifamily (like 200+ unit properties) that qualify under Freddie
AJ Wong
The inconvenient truth about Buyer's Broker Commissions and what to expect next..
21 February 2024 | 0 replies
Listing brokers often represent both sides, and walk a dual agency line.Clearly this could be contradictory to the protections that the US legal system is attempting to provide.