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What the CDC Eviction Moratorium ACTUALLY Says - You CAN Evict IF
It's important to read what it covers and what it DOESN'T cover:
The person has to prove they can’t pay the full amount because of loss of work RELATING TO COVID-19
The person has to make every attempt to pay rent...
Dave Bond
why do Fannie & Freddie prohibit lending to an llc?
I'm just trying to understand the specific stated reasoning for these institutions prohibition of lending to a corporation. Logically, I can deduce my own conclusions, just can't find any definitive answers. Just th...
Ibrahim Hughes
Having An Heir Presumed Deceased?
Good morning. Has anyone dealt with an estate (probated or not probated) where one or more of the heirs were missing and presumed dead (decedent died without a Will)? If so how did your attorney handle it? Did somethi...
Rickey Wallace
Bankruptcies
Is there a market for buying houses that went under on someone who declared bankruptcy? R those houses labeled as such in the records or might they just go under short sale or foreclosure status?
Austin Snyder
House hacking general questions
Hello I’m a new real estate investor. Last year I bought a large home to “house hack” meaning I lived in the house and rented out the other 3 bedrooms to friends. They paid me essentially under the table. Now I’m movi...
Justin Wood
CDC puts temporary halt with evictions till the end of the year.
The CDC puts a temporary halt in evictions till the end of the year. I am currently evicting a non-paying tenant. We had court today and she did not show. A hour later in my office mailbox I got the declaration that s...
Dakota Verrico
Self Employed Mortgage Qualification Difficulties
Hello BiggerPockets community,
I have been struggling through the process of getting qualified for the past 4 months. It has been a long, hard, and incredibly brutal process. A little back story first, about a year a...
Gary Dezoysa
Soliciting 2nd opinions vs acting fast
I'm going to work with an investor friendly agent in a cash flow market. I am out of area. I was thinking about whether to take the agent's recommendation, run it through a police report website, check school ratings,...
Jim T.
California Rent Gouging Laws
In late 2017, Governor declared a few counties in California "Disaster Areas" and CPC 396 comes into play forbidding rent increases exceeding 10% for the 30 days after the declaration. According to CPC 396, it can be ...
Justin Taber
What is something in your lease that you think is unique and has C.Y.A. at least once?
I am just getting ready to close on my first duplex in a few weeks and I am thinking about what I need to talk with my lawyer about to make sure I am including in my lease. What has been helpful for you/something you...