Cameron Biggs
Family lending for a BRRRR deal
Hi BP My partner and I just closed on our First home yesterday but at the same time our realtor found us a great BRRRR deal in the Cleveland area. The situation is the property is an estate sale and they will go with ...
Nicholas J.
FHA flip rule during Covid
There is a exemption I read to the FHA 90 day house flipping rule:- Presidentially declared disaster areaThe United States as a whole is currently a declared disaster area? Does that mean the 90 days doesn’t apply cu...
Johnny Borrelli
Using your S Corp - 1031 Exchange and Self-Occupy the Property?
Hello all. Any help with a citation if possible would be greatly appreciated. That way I can pass off to clients. Property is located in NY. Will be exchanging for property out of state(FL). I am working with someo...
BrannDon Albert
Wondering if I can get someone to translate this lawyerese for me
Got something from my insurance agent today that says they added "loss payable provisions" to my rental property policy. It's making my head spin trying to understand it and I'm usually pretty good at figuring out wha...
Scott Mac
Texas, Fla, Lou, Iowa, Calif, Wash & NY Declared Disaster Areas
President Trump has declared these states major disaster areas due to the Virus.According to FEMA, this gives these state access to federal assistance programs for emergency and permanent work, as well as needed emerg...
Nathan Williams
LA passes a Declaration of a State of Emergency on Homelessness
Unfortunately this looks like more bad news for landlords in LA as this looks like this gives the mayor further authority to restrict evictions.
Chris B.
Declaring service animals / emotional support animals prior to signing the lease
I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
Brandt Fanion
Owner declares bankruptcy in 6 days. Can I still purchase house?
I'm looking at a property in Nashville, TN that's owned by an out of state owner. The owner has suffered from medical issues and is now declaring bankruptcy. The bank will be foreclosing on the house in 6 days. Is the...
Chris Mason
Hurricane Chasing in the Carolinas
This is mostly directed at Realtors, but anyone impacted by the disaster in North and South Carolina might find it useful too.https://www.hud.gov/program_offices/housing/sfh/in... Everyone knows about FHA 203(b) becau...
Takahito Torimoto
Tenant taking advantage of CDC’s Temporary Halt in Evictions??
My tenant just sent me their "Declaration under Penalty of Perjury for the CDC’s Temporary Halt in Evictions".They moved in Aug 1. They have not paid rent for Sept, Oct, and now Nov.
Separate from the fact that I am...