Heather Frusco
Why is Rent still due during COVID-19?
11 September 2020 | 328 replies
I find evicting someone that can not pay rent due to the Wuhan virus (I prefer to call it by its source over how it looks) to be immoral.We screen very well.
Account Closed
CPA / Tax Advisor averege costs
27 March 2020 | 12 replies
@Michael PlaksI have an off topic question: if we formed 2 LLCs in Texas last year (5 members, 4 are foreigners, 1 is US) but there was no RE transactions in 2019.
Ralph Lauren
Military Veterans in Real Estate
31 March 2020 | 12 replies
Whether you find a good source to use for your own deals, or you are getting paid by investors to bring the money to their deals.
Linda B.
Where to get a commercial loan for <$1mio for non-resident owner?
27 March 2020 | 3 replies
While small, local credit unions/ banks seem more flexible in a lot of aspects, they're also the ones that don't usually have much experience with foreigners (especially where we are investing, in Eastern Oregon).
Ross Bauer
Central/Southern Iowa Real Estate Investing
26 March 2020 | 7 replies
I have known for years real estate was a good source of income and just haven't had the means to jump into it until recently.
Paul Birkett
Lender View: Here's what coming next....the outlook is not good.
26 March 2020 | 2 replies
(Source and more info: https://www.cbsnews.com/news/minneapolis-fed-chief-says-small-businesses-need-forgivable-loans-60-minutes-2020-03-22/He offered that the Fed was prepared to print money if necessary and would flood the market to ensure 2008's financial disaster was not repeated.
Casey Howe
COVID-19 FAQ for Landlords and Property Managers
26 March 2020 | 1 reply
These are short term, and this author is hopeful, that the pandemic does not cause long-term financial implications.Rather than serve a 14-Day Notice to Pay or Quit it is recommended to be as flexible as one can at this time and negotiate rent amount due, time to pay or both – IF financial hardship is evident.For Landlords or managers that don't have the desire or ability to provide any flexibility, be prepared to wait until at least April 17th before the Massachusetts Housing court begins hearing eviction cases for non-payment of rent, (expect a back-log), and tenant-friendly judiciary at that point.A side note: for those that are unaware, or have historically not been interested in Section 8 or other subsidized housing programs (even though it's illegal in Massachusetts to decline an applicant solely based on the source or their rent payments), now is when you see some of the benefits – for tenant and landlord alike.
Xochitl Cadena
Does Section 8 pays first and last month lease requirement?
2 January 2021 | 9 replies
(Source: https://www.needhelppayingbill...)The local Section 8 offices are great in taking email questions and responding quickly to landlords.
Aakash Jain
U.S. Mortgage for Canadian investors
26 March 2020 | 1 reply
There are Foreign Investor loans out there... sometimes they need a larger down, but this would be more of a question for a Mortgage Broker.
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
24 July 2021 | 172 replies
Some of us are new to REI and some of been in it for decades so obviously reserves, knowledge and preparation are key but a tenant having just one income and you having just one source of income I guess ultimately falls on the both of you.