Bienes Raices
Dealing with tenant non- work sources of income (Disability, etc.)
What is the correct way to deal with this? Do you ask for additional bank statements, tax returns to see if the person has enough savings to supplement their Social Security benefits and qualify for 3X gross income?
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Ellie Perlman
Fighting COVID-19’s Impact on Multifamily Properties
I’d like to share with you what we’re doing with our properties to mitigate COVID-19’s impact on our properties, with the hope that you can use some of these ideas and strategies on your own properties. If you have ad...
Sami Davis
Tenant used fradulent information
Tenant used a fake driver's license and social security for lease. Has not paid rent during the covid epidemic. Not sure what can be done. Located in Chicago, IL. At this point want the tenant out. Offer cash for...
Lois S.
Property Management & Payday rent collection
For those of you who use a PM for your class B or C properties -Would your PM be open to setting up payday payment plans for your tenants?Example: Tenant gets paid SSI or other regular income by the 6th of each month....
Cesar Verduzco
LLC Operation agreement
I am currently creating an LLC which buys multi-houses in New Haven, Connecticut. We are committed to fair rent and a yearly 10% contribution back to social justice non- profit organizations throughout the city. Th...
Okey O.
New to the US...No Credit....Help!!!
Hi All,I moved to Charlotte, N.C. with my family a couple of months ago from the U.S. and I am looking to get into the real estate market, initially by purchasing a primary home and then creating another income stream...
Wendy Hutchins
Grants for housing Intellectually disabled adults in Pa?
I will provide housing to Intellectually Disabled Adults in the near future. Does the government provide grants to landlords that house I.D. adults?.................Hello. My name is Wendy and I'm looking to acquire...
Joseph B Lively
Build home for Parent?
Hi there. I have a scenario I'd like to run by you all. I'm worried that I might be making a mistake on several fronts, but I don't know who to ask. My realtor didn't fill me with confidence.My mom and my grandmoth...
Sam Huze
How does starting an LLC affect....
Good Afternoon everyone, This question is from my mom, she is 58 and owns several homes in Colorado, Arizona, and New Hampshire. She was considering applying for an LLC so that her and I could manage these properties ...
Tim O'Keefe
Buying retired mom a home?
Hey everyone!
I have what might be an odd question, but a real estate friend has advised me to try this and I thought I would get some expert opinions here!
Would my retired mother,(65 and mobile lol) living off soc...