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6 March 2020 | 2 replies
If you are networking a ton, you should have or soon have a list of people that you might be able to partner with on a fantastic deal.
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3 March 2020 | 10 replies
While @Nicole Heasley does make a fantastic point that the first deal is very important and the most difficult one, I do still think you need to stick to your criteria.
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2 March 2020 | 0 replies
I am conceptualizing an adaptive re-use for a property I control which would be a great site for a container concept (restaurants, beverage, etc).
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2 March 2020 | 0 replies
Hello,I'm looking at refinancing our SBA loan debt this summer or fall - and looking at obtaining an FHA Sec 232 loan or I've seen there are some Fannie/Freddie loan programs as well depending on the lender.I like the fact these are non recourse with carve-outs and depending on the loan can be assumable and with far better interest rates for the life of the loan.However I'm a bit paranoid about the controls the lender would have over myself/our business and how much it would cost to have audited financial statements.
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2 March 2020 | 0 replies
I am a newbie investor, but licensed pest control professional willing to give out free inspections.
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4 March 2020 | 22 replies
Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a property at a profit within five years of purchase.He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment.From Bernie's Website"When Bernie is president, he will:Create an office within the Department of Housing and Urban Development to coordinate and work with states and municipalities to strengthen rent control and tenant protections, implement fair and inclusive zoning ordinances, streamline review processes and direct funding where these changes are made.This office will convene key leaders, academics, experts, local officials, renters, tenants, and homeowners to create and implement these necessary solutions.Preempt laws that prevent inclusionary zoning for luxury developments.End exclusionary and restrictive zoning ordinances and replace them with zoning that encourages racial, economic, and disability integration that makes housing more affordable.Require that recipients of federal funding from the Department of Transportation and the Department of Housing and Urban Development make these important zoning reforms.Provide funding to states that preempt local exclusionary zoning ordinances to make housing more equitable, accessible and affordable for all.Make federal funding contingent on creating livable communities.Encourage zoning and development that promotes integration and access to public transportation to reduce commuting time, congestion and long car commutes.Prioritize projects that reduce greenhouse gas emissions, create walkable and livable communities, and reduce urban sprawl.Encourage zoning and development designed to expand and maximize the number of units fully accessible to people with disabilities.Place a 25 percent House Flipping tax on speculators who sell a non-owner-occupied property, if sold for more than it was purchased within 5 years of purchase.Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment.Encourage “circuit breakers” on property taxes to protect homeowners in gentrifying neighborhoods from being priced out of their own homes as their property values rise.READ MORE: https://berniesanders.com/issues/housing-all/From my point of view, anything that impedes or obstructs REI's cash flow is a bad thing.
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4 April 2020 | 5 replies
If you bring a deal must be yours/Control It/ Mandate to it (OFF MARKET ONLY)4.
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3 March 2020 | 5 replies
If you’re not in the city of LA see what city you are in and the rent control for that city.
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3 March 2020 | 5 replies
If it’s really outside the seller’s control, there’s not a whole lot you can do other than maybe walk away and get your Deposit back.
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3 March 2020 | 1 reply
Great equity and fantastic cash flow - congratulations!