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30 March 2020 | 8 replies
Can anyone recommend an accountant in the Sacramento area that could assist with setting up a LLC?
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20 March 2020 | 6 replies
Digital tours will be where you will excel.
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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
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20 March 2020 | 17 replies
Most of our tenants have not asked for any assistance or expressed financial hardship, only the high foot traffic retail spaces.
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20 March 2020 | 4 replies
Is there a tutorial to assist me in filing form 3115?
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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.
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20 March 2020 | 0 replies
Has anyone tried digital staging on their rentals, does it work, and can you find a free software to do it?
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20 March 2020 | 0 replies
Part of my plan is government assistance.
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23 March 2020 | 26 replies
I'm prepared to work with my tenants to the best of my ability, but I will let them come to me for assistance if they need it.
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21 March 2020 | 28 replies
The overwhelming majority don’t work and are receiving some sort of gov’t assistance.