Ted Harris
The real estate impact of Gulf oil disaster
Article below talks about how the massive leak could muck up housing markets for years ....
"Beyond the actual disruption to sales and hit on housing values in areas affected by the Gulf oil spill, real estate profe...
Belinda Lopez
Environmental Impact Study on Dry Cleaners & Washateria?
I looked at two potential wholesale deals yesterday; one an old washateria with the equipment removed, the 2nd an old washateria with a working dry cleaning business next door. I'm pretty sure an environmental impact...
Account Closed
Does a business credit card impact your credit?
Hi everyone,I recently opened an LCC and I decided to apply for % credit cards. I noticed there was an impact on my score even though I applied through my LLC. I was planning on maxing my business credit cards to fund...
Jimmy O'Connor
Impact of the homeless encampment reallocation in Kensington
For those of you new to Philly, when the DNC came to Philly, the city had a massive campaign to combat the homeless issue (see this video from earlier this year- https://philadelphia.cbslocal.com/video/3433777-ph... ...
Zoran M.
Over / Under Rehabbed Properties Impact to Rental Rates?
Hi all,
I wanted to get the communities take on how rehab spend has trended over the years in your markets. In CLE, I've noticed a trend where in C+ to B- markets, landlords are doing cosmetic rehab beyond ju...
Justin Park
Impact of rebuild zoning issue on property value
Hi BP, checking in with a question I probably should have asked this forum weeks ago regarding an issue that came up in the appraisal of a two-family university rental I'm under contract on.Appraiser noted that a zoni...
Peter Goran
Impact of interest rate hike on commercial RE
We are new to the BP community and very impressed by it. We would be grateful to get the opinion of the community on the impact of interest rates on RE, especially given the current economic climate.
We are current...
Mitch Davidson
Tax write-offs and their impact on DTI
Hi friend,
As you may or may not have heard, today's real estate expenses and write-offs may have a severe negative impact on your ability to qualify for Conventional financing tomorrow. And compared to other financi...
Karan Rekhi
Would taking Covid Forbearance impact future loan approvals?
Despite no credit bureau reporting, a future lender's underwriter can easily figure out i was in forbearance looking at my bank and mortgage statements.
Scott Schreiber
Section 8/Rent Stabilization Impact on Potential Deal
Hi all,First off, I want to apologize to Account Closed for missing last night's meet-up. I really wanted to partake, but unfortunately got held up. I am working on a deal right now in Mt. Vernon for a 6-unit property...