Cameron Norfleet
Ethics & Discrimination…. A question of Right vs Right!!
Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
Hossam Elaskalani
Question about Pre-Approval Process for Non-QM Lenders
Hello, I am in the process of getting a pre-approval before I start my hunt for my first rental property. My mortgage broker is pushing the idea of a non-QM lender being the one who funds this deal. My broker says I c...
Craig Anderson
New Police Tool Allows Them to Seize Rentals Of Crimes
In addition to laws of many states, that allow local governments to seize assets involved in crimes, particularly in illegal drug-dealing; a new interpretation of the British Common Law of the Middle Ages, allows U.S....
Justin R.
De Minimus deduction
According to the interpretation of some CPA'S the de minimus rule applies to real estate investors. Per their statement, any itemized expense under $2500 can be moved into the repair category, even if it is considered...
Tommy B.
Rejection Letters
Is it necessary to send rejection letters to anyone who completes an application or only applicants who have submitted an application fee or background check fee?
Ki Lee
How to structure banking with a partner for TIC
My partner and I bought an apartment complex in Ohio as TIC. We each have our OH LLC that took title as 50/50 TIC.Now we are trying to figure out how to properly structure banking and money flow. We are 50/50 TIC, b...
Allan Smith
Unpopular Opinion: There's no big downturn looming over us
I've been hearing it for about 4 years. "This year is the big correction" "Any day now, we'll be buying houses for 40 cents on the dollar" "longest bull run in decades has to end soon" Let me elaborate and I'll finish...
Scott McWilliams
Creative offer strategy for distressed seller
I found a great 4/2 duplex opportunity in a neighborhood that is converting. I need some help coming up with creative offers that would help the seller get out of a sticky situation. First of all, the seller is the li...
Liam Pinson
How do you educate yourself with data in a shifting market?
I'm working on geofarming, and I have two issues popping up:1. Until recently, I was able to pull data from the past 12 months to calculate higher or lower turnover rates to determine what neighborhoods had the best o...
Chris Mason
VA Loans / "VA Jumbo" - loan limits going away nationwide.
https://www.housingwire.com/articles/49421-bill-eliminating-va-loan-cap-signed-into-law
The Department of Veterans Affairs can now back loans that exceed the conforming loan limit, as a bill eliminating this cap was ...