William Davidson
Picking The Right Property Management Software
27 March 2020 | 7 replies
Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants waived ACH fees and additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).
Greg Moore
What payment platform do you prefer to receive rent?
27 March 2020 | 20 replies
Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants waived ACH fees and additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).
Joe M.
How are you going to come out of this better than you started?
3 April 2020 | 5 replies
Hopefully on top of the no eviction, there will be mortgage assistance for all.
Lili Thompson
House Hacking A Duplex as My First Property (Start to Finish)
22 March 2020 | 1 reply
Again, more details about that process here: https://www.biggerpockets.com/forums/12/topics/818360-my-house-hack-took-89-days-to-closeOHFA Downpayment AssistanceAlthough I had the funds for the downpayment and a 3 month emergency fund, I decided to use Oklahoma’s DP assistance fund.
Alfred Costanzo
How much money do you need to save up for a house hack???
23 March 2020 | 4 replies
There are also a lot of first time homebuyer assistance programs out there that can help get you grant money to reduce the closing costs or downpayment that you need
Todd Snyder
Can a tenant sue me for giving a notice to vacate?
25 March 2020 | 4 replies
Metro is government assistance.
Karen Margrave
NAR Guidelines -Realtors, Contractors, Home Inspectors, Title
23 March 2020 | 2 replies
It asks for direct rental assistance for families who have income loss due to COVID-19, it cautions against blanket eviction moratoriums—feels they should be targeted to situations related to COVID-19 and provide relief for property owners in the form of mortgage or other financial obligation forbearance1031 Like-Kind ExchangeNAR sent a letter(link is external) to the Treasury Department to include deadline relief for 1031 like-kind exchanges 180-day completion deadlines.
Harry Maxtens
Wholesale property USDA Loan
23 March 2020 | 1 reply
I have a property under contract, buyer wants to do USDA loan with seller assistance, how can I creatively make the deal work?
Craig Miller
ANYONE LOOKING FOR ASSISTANCE!!
23 March 2020 | 1 reply
Since this is a new venture for me, I figure the best way to get involved with real estate is to assist someone with their business.
Jonathan DiBenedetto
Rent Deferment Eviction Hold Letter for Corona Virus Pandemic
24 March 2020 | 2 replies
Although we still have expenses related to the property that we must cover, we are making the following updates for the next three months to assist with the hardship many of you may be facing:Rent will be considered on-time if paid by the 10th or soonerYou may deduct $150 from your rent if you pay it on timeWe will accept credit card payments for rent (contact me for information)If you think that you will be unable to pay the full amount by the 10th or sooner due to your employment being affected by the pandemic, you must let us know as soon as possible by calling or texting MANAGEMENT at (XXX)XXX-XXXX.