Steffany Boldrini
Buyer's closing costs in PA and Self storage inspectors?
21 March 2020 | 10 replies
Then you will have title insurance costs which are dictated by the state and the value of the property: http://www.alphaadv.net/patitle/parate25.htmlContact your title rep for a current breakdown because I can't validate those costs since it's not my field.You'll also have some certifications as fees at closing depending on the area.
Bekkah Vidal
Let BiggerPockets know of any relief programs
30 April 2020 | 3 replies
BiggerPockets is working on a piece that will share all relief programs that might be available to Americans (disaster relief, financial relief, unemployment, medical, etc).
Rachit M.
Gov. Murphy will order evictions, foreclosures to stop in N.J.
23 March 2020 | 9 replies
Ensure you start thinking about and developing a Rental Deferral Program and/or offer to start accepting credit card/debit card payments for rent if you haven't already.
Kendal Lamb
Real Estate Agent Friends
23 March 2020 | 2 replies
I am looking to connect with other Real Estate Agents who have drive and motivation like myself to get together in person or via Skype, face time, zoom, phone etc. to practice scripts, role play, objection handling and talk about other items such as marketing, campaigns, drip programs.
Erin Spradlin
Corona | Denver Mortgage relief, unemployment and taxes
20 March 2020 | 4 replies
GETTING HELP NOWNYTimes - Money MattersUnemployment - law expires 12/31States can access when they have 10% rise in unemploymentUnemployment is typically 45% of lost incomeMost states pay 26 weeksDon’t have to lose your job, can get it if: you are quarantined, furloughedGetting unemploymentHave to have been at job for 30+ daysEligible for 2 weeks paid if ill or quarantined or caring for sick family memberPart time workers can get average of normal 2 week salarySelf-employed (gig workers, etc) must calculate daily average and claim as tax creditWho is exempt:People that work at companies that employ 500+ peopleCompanies with fewer than 50 people can ask for an exemptionEvictions + ForeclosuresMoratorium right now on bothSuspended for 60 daysThis includes foreclosures that are in processTaxesCan hold off on paying (without penalty) until July 15th if:You owe less than $1 million to the federal governmentIf you are getting a refund, it will come in a normal time frameMortgagesFind out who owns your mortgage + what programs are availableRequest Assistance (Fannie Mae)Small Business ReliefSBA Economic Injury Disaster LoansSmall business loans up to $2mil3.75% int rate for businesses | 2.75% for nonprofitsDenver Small Business ReliefDENVER RE TRENDS - please note you should watch Seattle, as what happens there will likely come to Denver and Colorado SpringsPulled data for detached/attached homes within 6 miles of a client property in Sloans Lake$350-$500KMore properties went under contract in past 5 days than in two other 5 day increments we recorded (11-15, and 16-20 days out)35 of those were on the MLS for 6 or fewer days$500-$700KSimilar to above, 5 days out is beating number of houses that went under contract 11-15 days out and almost the same as 16-20 days outCitywide: 2.4 homes were falling out of contract/day in March. 5.8 for Feb. 2.7 for Jan. $800-$1.2Mdown from 5 day increments before, but not significantly and a small data set
Brooke Boyd
Tax Lien Certificate and divorce
19 March 2020 | 1 reply
I am wanting to find out if anyone has any knowledge what can happen if you have a tax certificate in your name only and are going through a divorce.
Pete Storseth
Newbies and gurus, doomed
20 March 2020 | 3 replies
As a new investor, personally, I have to say nobody should ever pay for a course or mentorship program, period.
Travis Kremer
Post Due Diligence Contract Termination
22 March 2020 | 10 replies
Government stimulus packages are going to give sweeping aid to every family, unemployment services will be well-funded, and rental assistance programs ready to assist.
Kyle Altenau
Dealing with municipal closings due to Coronavirus.
21 March 2020 | 6 replies
Also, I have seen inspectors make contractors remove furniture if they don't have a Certificate of Occupancy
Peter Nikic
Communicating with your tenants Regarding COVID-19
23 March 2020 | 26 replies
If you are experiencing financial issues due to this situation, we recommend staying up to date with the several government programs offering financial aid to those in need and to apply as soon as they become available.