Denise Evans
Tenant Background Checks and Fair Housing Violations
14 May 2016 | 4 replies
We just did the research on these new HUD guidelines the other day and here's a snippet of the larger article:What HUD’s new Guidance means for housing providers:Arrests records are not a valid reason to deny a rental applicant housing.Convicted criminals may be denied housing if the reason for their convictions clearly demonstrates that the safety of your residents and/or property are at risk.Blanket terms in your screening criteria that say “Any criminal convictions will be denied” are now considered discriminatory and in violation of the Fair Housing Act.The new Guidance does not make criminals a protected class, but rather establishes requirements to clearly prove why you are denying an applicant based on a criminal conviction.Remember that a housing provider violates the Fair Housing Act when the provider’s policy or practice has an unjustified discriminatory effect, even when the provider had no intent to discriminate.source and full article
Mike Kroupa
Curb Appeal Suggestions Needed
16 May 2016 | 12 replies
It has no architectural appeal or real style at all, but it could easily be added by redoing the portico and adding a very wide step or two... it's a huge feature on such a small house, and would add maximum effect and style for not much money.As mentioned, landscaping is a must.
Kevin Chhum
Investing in real estate near presidential election
14 May 2016 | 2 replies
Hello everyone.I was thinking about how Real Estate will be this year and the next with November's new presidential election.How will that effect us investors, rates, the market, and the vaule of real estate.I know in the past the Real Estate market drops during new elections.
Jessica Hood
Pickerington, Ohio Single Family Auction 203k - Jessica Bolin
31 January 2019 | 20 replies
We first scrubbed the effected concrete block walls with abrasive tools and mold killer to remove lose debris.
Sabi Const
Multi family - New construction vs existing
15 May 2016 | 1 reply
Also, regarding the financing aspect - what is the most effective and efficient way to go about it?
Duriel Taylor
Lines of Credit to fix-n-flip (2016)
1 June 2016 | 18 replies
I would surely keep these notes that you mentioned as I prescreen the firms I select to use.
Joseph Delia
Tax Treatment of Business Use MIL/Condo/etc
15 May 2016 | 0 replies
Then I'd likely try to live in the MIL but rent out the rest of the house (rent out 80% of the house in effect).Here's my question:My client would prefer to give me a lodging reimbursement or stipend regardless (e.g., $1000/month), even if I was staying in a place I owned, as that scenario is much cheaper for them than reimbursing my hotels.
David Lowe
Hard Loans Explained
19 May 2016 | 3 replies
I was under the impression that if a house was $500k and you brought in $300k of your own cash, you could get a high interest hard money loan for $200k to allow you to effectively purchase the property for $500k cash.
Amanda McCoy
Better than lease option
8 June 2016 | 20 replies
Learn real estate first, not how to deal in real estate, then learn finance and broaden your knowledge in related areas that effect real estate transactions, like business law.