Rachel Cail
Finding numbers to decide if I should add a JADU to my flip
24 June 2020 | 0 replies
In addition to these potentially favorable factors, the state of California has improved J/ADU legislation to promote their development including allowing ADUs and JADUs to be built concurrently with a single-family dwelling, opening areas where ADUs can be created to include all zoning districts that allow single-family and multifamily uses, modifying fees from utilities such as special districts and water corporation and limited exemptions or reductions in impact fees.
Mark Wareham
Credit Check Fallout
25 June 2020 | 1 reply
I assumed that because I used the least invasive product they offered potential tenants would not be significantly impacted by the check.Does anyone have a opinion on the situation and the service providers in this space?
Candiace Roach
Is now the best time to buy property ?
25 June 2020 | 2 replies
Unless you’re sitting on pretty hefty savings and know your industry won’t be impacted by what’s going on, then you should err on the side of caution.And there is good reason to exercise caution.
Jessie Nunley
Split $1M w/ partners of take 30 years to reach your goals?
25 June 2020 | 1 reply
Plus, if you're the active syndicator, you can earn modest fees which do not significantly impact your investors' returns, while simultaneously compensating you for your efforts and allowing you to focus on delivering on the investment and seeking more deals.
James Free
Distressed Sales Impacting Appraisals?
25 June 2020 | 0 replies
Lower comps are lower comps; the impact on the value of your properties is legitimate!
Jason Avila
Paying consumer debt or investing with new capital?
26 June 2020 | 19 replies
The interest cost of the car loan is low, but car payments are a large impact on a DTI, because of the short term amortization.
Deisy P.
An applicant asks if I discriminate against "ex ex felons"
29 June 2020 | 65 replies
It makes more sense if you use an example: As crazy as it sounds at first glance, you cannot just have a blanket policy that says "no convictions for assault" (or whatever serious crime you want to insert here) - Because HUD says that could have a disparate impact: An otherwise well-qualified 65 year-old man with an assault conviction from 1973 is clearly a different situation from a 22 year-old who was convicted of assault last year and just got out on bail.
Laura Keels
Moratorium during COVID in Washington State
30 June 2020 | 2 replies
I know the COVID-19 eviction moratorium has been impacting many landlords.
Josh Weber
Financing Deals at 18
25 June 2020 | 6 replies
@Josh Weber if you don't plan to make the place your primary home, it impacts your down payment; as an investment property you'll need 20-25% as a down payment.
Alfred RIchner
3.5 acres fully paid via ROTH - want to build cabin to rent /sale
25 June 2020 | 4 replies
We have still not seen the dust settle on the corona-virus impact on the economy.