Ryan Snelson
Is SCOTT CARSON (WeCloseNotes/Inverse Asset) DEFRAUDING Investors
20 June 2024 | 37 replies
A month goes by, with no payment or update.
Sam Dalton
PO BOX and LLC
19 June 2024 | 1 reply
The cost varies from place to place but I've seen anywhere between $50-100/month, and it’s a solid investment to keep your personal home address private.Second, consider having your lawyer act as your registered agent.
Jerry Callow
Is there profit in being a GC and building?
22 June 2024 | 5 replies
From CSLB:This section defines what an owner-builder is and the laws surrounding the practice.An owner-builder is what the term indicates: a person owns the property and acts as their own general contractor on the job, and either does the work themselves or has employees (or subcontractors) working on the project.The work site must be their principal place of residence that they have occupied for 12 months prior to completion of the work.The homeowner cannot construct and then sell more than two structures during any three-year period.Getting a GC license and going Legit is pretty difficult.
Zane Ritter
The Next Move - Attempting to Start
23 June 2024 | 25 replies
The trouble on my mind comes down to monthly payment.
Geoffrey Paugam
Out of state Investing
25 June 2024 | 51 replies
Tune in for the NFL draft later this month and see for yourself.
Whitney Patterson
Best approach to house hacking
22 June 2024 | 7 replies
Renting both units could probably cash flow around $1000 per month.
Milton Chamberlain
Kansas City MO NEW Source of Income Discrimination Ban Ordinance
22 June 2024 | 17 replies
It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.
Andrew Hinspater
Good 30 Year DSCR Lenders Under 100K
19 June 2024 | 10 replies
At the end of the day, if I need to wait for seasoning, it won't be the end of the world, but it would be nice to not have to stick in a hard money loan for 3 months+!
Brian Doyle
9 units in first 5 months, I'll be looking for some advice!
19 June 2024 | 1 reply
Hey guys! It's nice to find a place where people get jacked up about cashing in early retirement funds rather than call you crazy! Glad to be here. I've watched a ton of BP podcasts and videos but I'm brand new to the...
Victor Del Hierro
New to Orlando: Is Now a Good Time to Buy a Rental Property?
22 June 2024 | 28 replies
Hello everyone,I'm feeling a bit indecisive about what to do next and could use some advice.I recently moved to the United States 7 months ago, specifically to Orlando, FL.