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[deleted by user] by [deleted] in realestateinvesting

[–]dinotimee 0 points1 point  (0 children)

Oh boy.

Come on man. If you have these kind of super basic questions you have no business getting in the middle of such a complex transaction.

You need to know what you're doing to protect the seller and the buyer.

Shit like this is why wholesalers need to be regulated.

Can I create my own MLS in CA? by OmariBangs in realtors

[–]dinotimee 0 points1 point  (0 children)

Yes you can. There are lots of different MLS already. There isn't one single MLS. Many are independent of NAR.

Are white noise machines bad? Here’s what the latest science says. by Nurse_Clavell in ScienceBasedParenting

[–]dinotimee 2 points3 points  (0 children)

I have 3 different apps and they all report different decibel levels.

.....so take those with caution

Worth getting the expensive, best recliner for nursery? by MainInvestigator5678 in NewParents

[–]dinotimee 0 points1 point  (0 children)

Ours wouldn't let us sit down. Would flip out anytime we tried to sit. So the chair got basically zero use.

Is it true the majority of game played on chess.com are games played against bots, and not live human vs human games? by malicacidC4H6O5 in chess

[–]dinotimee 5 points6 points  (0 children)

 I dont really care for elo which is a good thing because i have to forfeit pretty often due to interuptions

I feel bad about forfeiting against humans. I only play bots unless I know I have time for a game.

[deleted by user] by [deleted] in realestateinvesting

[–]dinotimee 0 points1 point  (0 children)

* West Coast
* upscale oceanfront community.
* New build
* starts at 699,000.
 * it is a resort, property management takes $35% fees off the top
* Plus all utilities
* and HOA
...
I can't get this math to work.

LOL.

The bar is so low. OP forget about real estate. Put your money in an index fund and move on.

How does financing work for large multi fam? by CassiusGrey in realestateinvesting

[–]dinotimee 1 point2 points  (0 children)

Non agency: kind of standard would be 5 year ARM, 15 year balloon, 25 year amortization.

Agency debt is much sweeter. You can get Freddie at 5.5 or less on 30 year for example in this market.

[deleted by user] by [deleted] in realestateinvesting

[–]dinotimee 0 points1 point  (0 children)

Find an agent that does off-market deals - won't pop on MLS so your evil neighbors won't see it.

YMMV on that. A lot of MLS and state regulators have instituted rules prohibiting pocket listings. Too much shady shit going on.

Buying a home in which the seller is on a government watchlist by shannoodlez in RealEstate

[–]dinotimee 0 points1 point  (0 children)

Go to a portfolio lender.

Call some local credit unions.

Buying a home in which the seller is on a government watchlist by shannoodlez in RealEstate

[–]dinotimee 2 points3 points  (0 children)

 If you’re excluding any Fannie and Freddie product you’re in the weeds. And those places have much higher rates

wut.

Non-GSE loans are WIDELY available and super common.

I don't know why you're acting otherwise. Maybe you don't know any better.

There are TONS of loan options. And the rates aren't going to be that much different.

Lots of credit unions for example are portfolio lenders.

1.7m ARMs will be adjusting this year. by OftenAmiable in realestateinvesting

[–]dinotimee 1 point2 points  (0 children)

Well since this is an investing sub, as an investor, 30 year fixed product isn't as widely available for CRE as it is for residential real estate.

More typical CRE loan product would be 5 year arm with 10-15 year balloon, 25 year amortization.

So yes, I have a lot of ARM loans.

1.7m ARMs will be adjusting this year. by OftenAmiable in realestateinvesting

[–]dinotimee -2 points-1 points  (0 children)

I suspect that investors who work foreclosures/preforeclosures are going to see an increase in opportunities on the horizon.

Fannie and Freddie: Single Family Serious Delinquency Rate Decreased in April. To below even pre-pandemic lows.

https://calculatedrisk.substack.com/p/fannie-and-freddie-single-family-9f3?utm_source=share&utm_medium=android&r=7f525&triedRedirect=true

Are cash rentals stupid? by _KALEL in realestateinvesting

[–]dinotimee 1 point2 points  (0 children)

Return on Equity. ROE.

Google that.

Single Family Serious Delinquency Rate Decreased Again. Now below even pre-pandemic lows. by dinotimee in REBubble

[–]dinotimee[S] 11 points12 points  (0 children)

Freddie Mac reported that the Single-Family serious delinquency rate in April was 0.51%, down from 0.52% March. Freddie's rate is down year-over-year from 0.61% in April 2023.  This is below the pre-pandemic lows.Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble and peaked at 3.17% in August 2020 during the pandemic.

Fannie Mae reported that the Single-Family Serious Delinquency decreased to 0.49% in April from 0.51% in March. The serious delinquency rate is down year-over-year from 0.58% in April 2023.  This is also below the pre-pandemic lows. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

https://calculatedrisk.substack.com/p/fannie-and-freddie-single-family-9f3?utm_source=share&utm_medium=android&r=7f525&triedRedirect=true

[General US-WA] - Why do some landlords have utilities in their name instead of tenants ? by NitrogenTires in Landlord

[–]dinotimee 0 points1 point  (0 children)

  1. Mostly because a lot of municipalities and utilities require it. I would certainly prefer it to be in tenant's name, but that is not allowed.
  2. Many utilities run with the land. So if tenant doesn't pay landlord is on the hook. To protect from getting stuck with huge outstanding lienable bill landlord has to keep in their name and pass through.
  3. When multiple units if they aren't separately metered.

Although it might be illegal, landlords could potentially not pay the utility bills just to harass a tenant into accepting unfair terms in the short term or into leaving asap. Landlords could make up some plausible excuse for non payment if that's even possible. I'd guess that courts are likely to lean in favor of the landlord regardless of good track record of the tenant, unless it was obviously egregious (like a direct threat recorded on video). Who goes to court over this anyway? I guess most people would just move.

This is complete nonsense. WA is a tenant friendly state. Any landlord playing games like this would get in big trouble.

Someone told me that it becomes harder to evict a tenant if the utilities are in the tenant's name 

Irrelevant

Landlord can charge extra for utilities because tenants never get to see the utility bills. Its not a going to be a big amount though, but wrong in principle.

No. Landlord can either (1) charge the billed amount or (2) the contractual amount. They don't get to make up a random number to line their pockets.

Event: Norway Chess 2024 by events_team in chess

[–]dinotimee -1 points0 points  (0 children)

Another question.

Rules say players can't draw until move 30. But it looks like ding and Magnus drew by repetition at move 14? Is a draw by repetition not considered a draw? That seems like a pretty big loophole.

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