Laurence Fru
Accidental Landlord - negative cashflow?
20 April 2021 | 8 replies
In other words, selling at a loss today shouldn't prevent you from selling it, because if you keep it, it sounds like you're guaranteed to bleed money every year.
Jay Hinrichs
The great lumber price gouge of 2020 2021
16 April 2021 | 10 replies
He expected that to help prevent further increases but didn’t expect prices to come down.
Sean Dezoysa
Toledo bank-financing friendly turnkey provider?
30 April 2021 | 7 replies
Exceeding a 10% ROI is achievable...besides obvious factors deciding to hold heavy on reserves, being conservative on occupancy and a host of other smart moves may drive ROI lower but help prevent ‘oh snap’ moments.
Reece Teramoto
Cloudy title, but title company still willing to insure...
15 April 2021 | 12 replies
I'd hate to have this prevent me from refinancing or making it more difficult to sell.
Megan Elliott
1031 Exchange on a New Construction
3 May 2021 | 18 replies
There are liability concerns if they sell and transfer property that is still under construction, insurance provisions that prevent the developer from selling and transfer uncompleted property, lenders would not allow it, and title insurance companies would likely not issue title insurance.
Steven Norris
Colorado Senate Bill 173
14 April 2021 | 0 replies
(Includes property that is managed by a management company and is consistent with HB20-1332 and HB19-1118.)L.019 - Changes the grace period from 14 to 7 calendar days.L.018/COW - Provides reciprocal relief to housing providers that must pay their mortgage and other financial obligations late due to late rental payment.L.024 - Reinserts language that requires a tenant to show proof of earnest money up front to ensure nonpayment is not due to not having enough money.L.023 - Requires the bill to take effect upon January 1, 2022 to allow time for housing providers and tenants to get up to speed on the new laws and changes.L.016 - Clarifies when a defense can be raised related to proper notice.L.014 - Reduces the minimum and maximum fine that can be charged to a housing provider that violates this bill and fails to remedy the violation in a timely manner from $500-$2,000 to $150-$1,000.L.013 - Increases the maximum fee that can be charged due to late payment from $20 to $50.L.012 & L.025 - Reinserts language that removes requirements that would prevent a tenant from filing an appeal or warranty of habitability claim due to inability to pay to file appropriate documentation with the court.L.011 - Requires the tenant receive a list of resources, including websites and phone numbers, to obtain civil legal aid and rental assistance upon receipt of a court order, and narrows the timeline so that a trial hearing would take place no sooner than 7 days, but no later than 10 days unless the court's docket is impacted by COVID-19.
Aaron Ehrlich
ADVICE WANTED - Options for 91k purchase with 25k of work
14 April 2021 | 3 replies
, sump pump, and plumb laundry into the ejector pit.Electrical - $1,200Pretty straightforward, replace some breakers, ground some outlets, install a fan in the bathroomFoundation and Plaster Ceilings - $15,000A retaining wall needs to be built in the basement and backfilled in order to prevent any issues with the soil washing out (!).
Steve Dunford
Future AirBnb discovered lead based paint by contractor
14 April 2021 | 0 replies
The holes were for hanging plastic inside and outside to prevent lead dust getting out.
Brandon Birdfaraway
Help my HELOC please?
15 April 2021 | 0 replies
I fear this $6,500 for 2020 claim will prevent me from taking out an equity loan even tho I my credit score is around 800.
Patrick Flanagan
Top ways to add value to someone?
16 April 2021 | 11 replies
Emotionally - this can be making someone feel good or preventing them from feeling bad, like releasing their stress or worries.