Joshua Dorkin
US Credit Downgraded from AAA to AA+
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
Michael Paling
Applicant requests not to have a background check
I just listed my first unit for rent yesterday, so I'm new to processing applications. One applicant is an Army Recruiter and has requested not to complete a background check online and states he has "secret security ...
Abdenour Achab
AZ TLC 4closure, 30 Day Notice: Separate notices 4 husband&Wife?
I own two 2018 Tax Lien Sale Certificates of Purchase in Arizona, and I read the law governing the 30 day notice before the foreclosure at https://www.azleg.gov/ars/42/18202.htm , as well as the law governing the for...
R G
Are We Facing Another RTC-like Situation Soon?
I'm a commercial multifamily/apartment investor. I imagine that banks/lenders are/will be taking possession of foreclosed M/F buildings in addition to all the SFHs. So, when will the lender's threshold for pain incr...
Joe Martella
Nick Sidoti - "DR. Cashflow"
Hello all,
Nick Sidoti gave a presentation yesterday to my local REIA. He calls himself DR. Cashflow. He basically hangs his hat on the fact that he is the national guru on special needs housing. The local governm...
Mark Fitzpatrick
Spending cuts, tax increases, or both? How's the debt ceiling debate going to work out?
With the specter of a US default growing over this debt ceiling issue, how do you think all this is going to work out? Republicans are firmly against tax increases and want steep spending cuts, but Democrats want tax ...
Joe Splitrock
Low Housing Inventory - So Is It Time To Sell Yet?
An interesting article came out yesterday talking about lowest housing inventory ever in Sioux Falls, South Dakota. Well technically lowest number of houses in 15 years, but when adjusted for the fact that there are m...
Eric Chang
Taking Over Tenants in Oakland
Hi BP Community ! I am a first time landlord and bought a duplex in Oakland. Each unit already has 3-4 tenants in there, some on the existing lease and some not. There is one long term tenant who subleases to other fr...
Prateek Bansal
HoA violation fines
Hi, I was charged $2000 HoA violation fines and now a debt collector has started sending me notices.I was never notified of these violations (removing pallet board from backyard and repainting the home) in time as the...
Amber Turner
house flipping laws/regulations in california
Hello BP community,My husband and I (well mostly husband 😀), will be finished renovating a home we purchased in California, in a few days. We have owned it for about 40 days and are flipping it. From what I have read,...