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92458 Rent Schedule Low Rent Housing SC State Housing Form
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FAQs hud form 92458 rent schedule
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How do I fill out a money/rent receipt book for house cleaning services?
This is what I'm working with right now until I can get a better suited receipt book to use.
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What is the best state to buy multifamily house to rent out?
Don’t buy in southern NH, at least not yet. Prices are inflated. We’ve seen properties go for as much as $135/unit which is absolutely ridiculous. Try the 2% rule. Rents should be at least 2% of the purchase price. Wish you luck!
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What is the best way to find a house or apartment to rent out of state?
Contact a REALTOR® in the city to which you are planning to move. They will guide you as to neighborhood, budget, area schools (if relevant) and even better, negotiate the terms of your lease. You are not responsible for their commission as that is paid by the Landlord. Start at Realtor.com.FYI:A REALTOR® is a licensed real estate salesperson who belongs to the National Association of REALTORS®, the largest trade group in the country. REALTORS® are held to a higher ethical standardthan licensed agents and must adhere to a Code of Ethics.
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I live in low income housing and my manager will not show me how my rent is calculated. Do I have any legal rights to see how my rent is calculated?
In order to qualify for public or subsidized housing, you must have applied through whatever housing authority manages such things. And you - as an ordinary member of the public - have every right to know how your rent is calculated. These are public funds, so there are public records.Go back (or call, or email, or visit online) to the place where you applied and ask for this information. Even if they don’t have it, they should be able to tell you how to get it.
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How do I buy a house and rent it out when I am low on money and need that money to help my sick mom?
How do I buy a house and rent it out when I am low on money and need that money to help my sick mom?First, your best strategy is to make some money quickly. Buying a house and renting it out—besides generally taking a chunk of money—produces wealth slowly. Even a very good deal might produce a monthly positive cash flow of $200-$500 a month. I get the sense, from your question, that you want a lot more cash than that, and a lot quicker.Still, there are ways to buy a house and rent it out with little or no money. Again, I’m not recommending that in your situation. But the strategies include:Subject To: You purchase a house “subject to” the existing mortgage. A seller (a motivated seller) deeds the house to you, but the mortgage remains in his/her name. You promise to pay the mortgage each month. You then rent the house out for more than the mortgage payment. At some point in the future, you either sell the house or refinance it.Sandwich lease-option: In this case, you’re optioning, not buying, the house. But, for instance, you find a house. You option it for a small amount—say $100. You agree to rent it for $1,000 a month, with $100 a month being credited to closing costs. You have the option to purchase it any time in the next 5 years for $100,000. You then find a tenant-buyer who’d like to buy the house. You ask for a $5,000 option fee (to be credited to the purchase price). You rent it to the tenant-buyer for $1,300 a month, with $75 being credited to closing costs. Your tenant-buyer has the option to purchase it any time in the next 3 years for $120,000. With this scenario, you get immediate access to the $5,000 option fee. Plus you get a monthly positive cash flow of $300. And if the tenant-buyer ends up purchasing, you make $20,000 on the spread between your purchase price and your tenant-buyer’s.Finally, if you want to make money quickly without spending a lot, become a wholesaler.. You find properties and negotiate a good (low) price on them. You put the property under contract with a $100 earnest money deposit. You then sell/assign the contract to an investor who probably will fix the house up and resell it. Where I am (Washington, D.C., area) wholesalers average $15,000-$20,000 per deal. In other areas of the country, wholesale fees are lower, often $3,000-$7,000.
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Is there a HUD program that helps you purchase a duplex to live in and rent out the other part to pay for the mortgage to create low income housing opportunities?
There sure is. It’s called the FHA 203(b) program. It’s the same as the FHA program for single-family houses.FHA requires 3.5% down. The maximum loan available varies by county across the country. You can find your county loan limit here. You’ll enter your state and county to get a listing of the loan amounts available for 1, 2, 3 or four units.Buying a multi-unit property to live in is a very useful strategy. The lender will take 75% of the rents for the other unit(s) and treat that as income. If you are thinking about a duplex to live in and the rental unit brings in, say, $1,000 per month, the lender would add $750 a month to your income for qualifying purposes.If you earn, say, $4,000 month gross, you’d qualify to buy a single family home for about $275,000. Add in the additional income from a rental unit and the number goes up to $337,000.The only downside to buying a home to live in and to rent is that your tenant(s) will also be your neighbors. For some people, that is just fine. For others, not so much. You have to make your own decision about how it might work for you.I hope this is helpful. Good luck!
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What kind of ITR is to be filled out for someone who has income from house property and taxi rent?
You may fill form no2 as there is no business income for the reason that you have proprty income as well as rent of taxi. Both comes under 194 I if any tax deducted as the taxi rent is also come In the definition of machinery.
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If you live out of state, how can you find and rent a house in Las Vegas before the move?
Start looking with plenty of time so you can do it on your terms. Dont wait and have to accept a last minute choice from a complete stranger and you wont have time to visit the property and meet the leasing agent in person. That is first dont wait until last minute. Then you want to find a reputable agent who is willing to work with you and find something that meets your needs. Once your satisfied with what they have located you should without a doubt visit and tour the property and pay close attention to the nearby surroundings. You want to seal the deal in person at this time. Amounts and terms will already be known so you should have your funds ready to lock down the rental and get a move in date. This should all be timed with your already planned move date sign the lease if it is to your liking and get the key if available. If move in date is not yet on day of signing you will get it when your move in date arrives. You may want to pay using a credit card to give you some insurance if the deal gets weird and you have to get your money back. Carefully research the agency and make sure the agent works there. Visit the agency. Your coming from out of town and many scams target just that. Do not give up any money over the phone sight unseen. You need to go see it first. Mainly take each phase as it need be. Locate place and check it out. If its a go then lock it down. Return home and pack up. schedule moving company or truck if your doing it yourself. Arrive on move in date and finalize your move. This way you can get it over with and enjoy your new home. Everything is going to go just fine. Best of luck with your new found and happy home.
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