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31 March 2020 | 0 replies
Exceptions are made for healthcare facility construction directly related to the COVID-19 response; affordable housing; public works projects when designated as essential by the lead governmental agency; shelters and temporary housing; projects necessary to provide critical services to certain vulnerable individuals; construction necessary to secure an existing construction site; and limited essential residential or business repairs.- Individuals may move residences only if it is not possible to wait until the Order expires, such as if a move is already planned or if it is necessary for safety or habitability.Direct link to summary of changes:https://cchealth.org/coronavirus/pdf/2020-0331-Summary-Superseding-Order-Changes.pdf
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1 April 2020 | 4 replies
I do NOT self-manage and use two different property management companies (yes, I could have individually reached out to each PM, but I haven't and am pretty much planning to see how they handle it).
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1 April 2020 | 4 replies
So my question:Am I understanding correctly that if I do rehabs, flips and wholesale deals AND if I own any rental property, that I would want to establish an S-Corp for the rehab/flip/wholesale business and then create individual LLC’s for any other passive income rental properties?
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8 February 2021 | 88 replies
But I digress...)Alas, I don't know what one individual can do.
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5 April 2020 | 61 replies
I myself am definitely a firm, business-minded, and calculating type of individual when it comes to managing rentals.
1 April 2020 | 2 replies
@Johnothan Edward Layne Some states/provinces have restrictions on how much you can increase rents by and they regulate evictions.
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2 April 2020 | 13 replies
@Courtney Benson hey thanks for the info. but like another user stated, rentometer will only show me averages and percentiles, not individual listings like the mortgage company is requiring. they need the rental income of 3 individual properties. i'm going to reach out to other landlords in the area, thanks @Carl Millsap.
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6 April 2020 | 13 replies
It's great to have assumptions, but now more than ever it's important to look at each deal on an individual basis and not put blanket assumptions into an underwriting model.In most cases, I would reduce rents in 20/21 and be more conservative in the coming years.
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3 April 2020 | 20 replies
Family member of deceased individual asked if they still have to pay rent.
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3 April 2020 | 7 replies
This solution may provide better housing for lower-income individuals which may cause higher prices in classes A and B.