Karen Margrave
NAR Guidelines -Realtors, Contractors, Home Inspectors, Title
23 March 2020 | 2 replies
NAR also signed a coalition letter(link is external) that would encourage Congress to provide readily accessible, unsecured credit to employers and self-employed individuals of all sizes to ensure they have the cash to pay their workers, rent, and other costs during this crisis:Suspend the filing of business returns and the payment of all business taxes to the federal government for the duration of the pandemic; and amend the Tax Code to, among other items, restore the ability of businesses to carryback any net operating losses against previous year tax payments;Suspend the application of the Section 163(j) limitation on interest expense deductions for tax year 2020 to avoid penalizing businesses for borrowing during this crisis; andSuspend the Section 461(l) loss limitation on pass-through businesses to allow businesses to full deduct any losses they incur this year.Essential Real Estate ServicesNAR is working with state associations, many of whom are reaching out to their Governors to request that certain real estate services be deemed “essential services” during emergency declarations.
Travis L.
How should I structure a new lease agreement during curent crisis
23 March 2020 | 4 replies
Do you mention to them that legally i am only allowed to collect xyz but for me to consider your application over others you need to pay this amount?
Chintan Parikh
New Member from Bay Area looking to BRRRR
25 March 2020 | 6 replies
I'm a software engineer in the Bay Area looking to invest in some out of state BRRRR deals.
Sami Gren
Showing apartments in new jersey lockdown era
23 March 2020 | 13 replies
Ideally I'd like to meet them face to face, but I pre-screen before I allow them to see it, and then I very thoroughly screen with credit/background/employment verification during the actual application process.
Simon C.
Buying second property
13 June 2020 | 7 replies
Banks don't like to take risks @Simon Chen Applicants must prove that the borrower is not a risk.
Christopher Kinnaman
How to adjust up or down based on location?
24 March 2020 | 5 replies
I recently posted a question on here about becoming a wholesaler a couple days ago. one thing I have noticed is that a lot if not all people that are selling a wholesaling course incorporate software where you input a few key features of the home and then it generates a value that you should then present to the seller.
Jessica Vollendorf
Finding a tenant during Corona Virus
1 April 2020 | 13 replies
., first month 1/2 off to entice applicants if you're not getting many bites.
Gerino Alejos
Time to move put your Property Economics paperwork on point.
23 March 2020 | 1 reply
Some adjustments include: Raising minimum credit score requirementsLowering LTC & increasing rates Delay in closing (some courthouses are closed around the country) Difficulties in scheduling appraisals MOST- loan closings will require Gap Coverage for the Lenders (where applicable and appropriate).
Todd Groom
managing multiple properties with one app
13 April 2020 | 2 replies
Or are you using software that divides it along with all the properties?
Scott Trench
Mortgage Deferral for ALL residential Real Estate
26 June 2020 | 36 replies
This application process is open to everyone.