19 October 2020 | 14 replies
One can always go and tack on extra documents in regards to liability, but if its not required by law, whats the point of having some disclosed stating the property is being inspected...She threw out COVID-19 like there was new legislation aside of no evictions.
12 October 2020 | 7 replies
It was a simple project that took me a day, and they were bidding around $5000 for the unit, I got it done for $1200.Legislative Program Review and Investigations Committee (click that link for full text) says "Current law and regulations.
8 October 2020 | 1 reply
I'm a seasoned virtual real estate investor (landlord) and probably like many of you, I'm seeing and hearing more and more about rising vacancy rates (New York as just one example), tenants unable to make their rent payments and legislation banning evictions.
11 October 2020 | 6 replies
WA OR and CA enacted foreclosure rescue lease back legislation back in about 08 or so.. very strict rules in these states of what you can and cannot do with someone in foreclosure as an investor..
15 October 2020 | 12 replies
The port of Houston on the Gulf of Mexico imports more goods than any other port in the United States.Texas legislation has provided a great economy for businesses to thrive.
14 October 2020 | 5 replies
@Bryce WadeIf you're interested in working with a property manager, making sure they are local expertscan be one of the most imporant factors in making sure your rental property is profitable and up to code with local legislation and rental increases.
22 October 2020 | 43 replies
Landlords are just an easy target with no effective legislative/political representation.
20 October 2020 | 4 replies
@Chauncy Gray this is a legal question so you should really form a relationship with an attorney who mainly practices real estate and ask her/him this question.That said, I’m not aware of any such limitation existing at this time.I would recommend (as a layperson speaking generally, not someone giving legal advice), that folks who “wholesale” have a bond fide interest in purchasing, and ability to close on, every property that they sign a P&S contract on.My limited knowledge of other states is that wholesalers have gotten into trouble, and promoted legislation regulating their activities, when they put things under contract without the intention or ability to actually close on the properties.If that’s the case it’s not hard for someone to make the case that the “wholesaler” was really just connecting a buyer and seller and getting paid a commission - basically acting as an unlicensed real estate agent in violation of the laws regulating such activities.That’s also the reason that I avoid “co-wholesaling”, or deals where there are multiple wholesalers involved, like the plague.
10 February 2021 | 7 replies
Look at any other major metro that has a similar make up of industry/ culture/ legislation.
29 November 2020 | 22 replies
If you're transparent from the beginning and use the proper contracts I don't see an issue with it as long as your local legislation agrees with that.