John Oks
Navigating the Sunbelt Housing Crunch: The Build-to-Rent Boom Amid High Interest Rate
9 May 2024 | 0 replies
Build-to-rent communities, purpose-built neighborhoods consisting entirely of rental units, are stepping in to fill this void, providing a viable alternative to traditional homeownership.Unlike traditional single-family homes or apartment complexes, BTR communities offer a range of housing options, from detached houses to townhomes and duplexes, tailored specifically for renters.
David Pagan
HELP: Allentown vs Harrisburg vs. Reading
8 May 2024 | 14 replies
The prices of the homes can also be higher.
Andrew McArthur
Canadian Looking at South Carolina Multifamily
6 May 2024 | 4 replies
.#1 tip I'd give if you're buying existing (or building) is to call the assessor and ask specifically what the new assessment will be after improvements.
John Lim
First property and STR loophole with bonus depreciation
5 May 2024 | 2 replies
Your cost basis in the property is defined as the purchase price plus any improvements.
Kevin Robert
Starting as a broker part-time?
8 May 2024 | 11 replies
I have been looking into other sources of income and thought of getting my mortgage brokers license.I am well connected in my market and am still relatively young at 24 with lots of friends and peers that will be looking to purchase their first homes soon.
Corazon B.
Distinguishing between A-Class, B-Class, C-Class properties?
8 May 2024 | 10 replies
Hi Corazon, this is how I would think of class A, B, C neighborhoods:Class A neighborhoods are the prominent areas where everyone wants to live, your most expensive houses, gated community, high end homes, high price points, great school districts usuallyClass B neighborhoods have more rental houses, up and coming neighborhoods with lots of flips, you may also see yards not as nicely kept up, starter home neighborhoods usuallyClass C & D neighborhoods are mostly rental areas, more run down or empty houses, street by street, more crimes in the area, lower prices to purchaseThe classes usually has nothing to do with the age of the house.
Cole Oliver
Credit Cards with the Best Benefits For Fix n Flips
8 May 2024 | 2 replies
I have thought about getting a card through a box store like Home Depot but don't want to be limited to the benefits of just one store, as I buy multiple materials from many different vendors.
Jesi Naomi
Help with building credit
9 May 2024 | 5 replies
WONDERING also if you do these kinds of things with Back Taxes- we ( my husbands BIZ and I ) are working on consolidating his business loan (bout 20k) from the pandemic days and then this back tax of 28k from his previous divorce days- both very high in interest- and before we paid our work van off a consolidation program I reached out to was like - uh we can't help you- anyways Im sure you can find my contact info via BP- my membership will close here soon as I will be back when we're closer to buying our first home- I am focused on building my business and such- Jesi Naomi on Social media - would love to talk- I love this membership - I just need to cut down on costs I haven't been using while getting our finances in order.
Bo Evans
Can you get a Equity Line of Credit on a MHP?
5 May 2024 | 4 replies
Hey Everyone I have a specifically random question.What is the process to getting a Line of Credit to a Mobile Home Park that is in a Joint Venture?
Lisa M Higdon
25 plus year Mortgage Expert! Digging in to investing and Flipping!
8 May 2024 | 0 replies
Hoping to start flipping homes personally as well!