Stephanie Potts
NAICS code for a hard money lending business
What would be the NAICS code for a hard money lending business. I have tried using 522292 and I keep getting rejected by banks when I try to set up a business bank account. They say it’s a prohibited business for them.
Tim Lyons
NY state prohibits denying tenants over history of past evictions
NY state has recently passed new laws prohibiting the rejection of prospective tenants over a history of evictions. Any strategies to protect yourself as a landlord in NY state? These new laws are insane. It seems the...
Bienes Raices
Tenant screening scores
If you use a service that creates a score (example: 80 - 100 accept, >50 reject), to be safe do you need to automatically take the first applicant who scores "accept"? What if someone qualifies on paper but you sti...
Joseph Hammel
Buildium circling the drain?
Hello,We have been using Buildium for 7 years but have noticed a number of "glitches" lately. The most common one is that when we get a new lease signed we are not getting the rent roll populated. I feel like since re...
Timothy W.
A 100 Million Dollar Lesson in Taxation.
http://online.wsj.com/article/SB124329282377252471.html
They haven't even begun to feel the consequences. With their disappearance comes the disappearance of their purchasing power on those employed in the industrie...
Arianne L.
Realtor changed my offer without asking/(thinking?)
Sorry, this is more venting than anything else but I'm curious if anyone else has had similar experiences...Our first realtor wasn't that great, particularly on communication and actually submitting offers (although w...
Israel R.
Looking at my first MFR
Hi,I am looking to purchase my first MFR but hit with the challenge of being rejected by some local banks in Columbus, Ohio because I am resident of California as well as there minimum is higher than 650K. Is there an...
Amikad Kadogo
When to bring lenders in a deal?
Hi, I am very new to this and trying to get as much education as possible, so please forgive me if my question is stupid. I read in some books and posts that you need to secure a loan before making an offer so that yo...
Asprulole Vue
THE PLUS ULTRA GUIDE FOR NOOBS
This is My plan as a noob investor. Feel free to give me feed back PLEASE . I dont have a mentor and dont really have a guideline so based of myself knowledge and research. 1. Print contracts 1a. Purchase &sale of...
Account Closed
Inheriting nightmare tenants?
I'm currently looking at multi-family properties to buy. A lot of them already have tenants in it, so I'll have to inherit the lease. I heard that some sellers like to intentionally put "bad" tenants in prior to selli...