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1 December 2024 | 4 replies
I’m intrigued by the idea of providing affordable housing while generating steady rental income, but I’m still in the research phase and have a few questions:Is investing in Section 8 housing a good idea?
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26 November 2024 | 6 replies
Dalton, I completely understand how frustrating a low appraisal can be, especially when your CMA supports a higher ARV.
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25 November 2024 | 36 replies
I'm a little frustrated because I can't see what the tenant sees on their end.Any help would be appreciated!
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2 December 2024 | 13 replies
If the office is disorganized, their processes likely are, too.Other ConsiderationsExperience: Choose medium-sized firms—they balance resources and personal attention better than large or small firms.Fees: you cannot afford a discount property manager.
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3 December 2024 | 15 replies
Unless you have a specific need for a trust, many DSCR borrowers just create one or multiple LLCs for the loans (this has gotten to a point where it is very easy and affordable to create LLCs, especially in TX)BP-Published DSCR Guide!
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27 November 2024 | 13 replies
So, because of this a lot of the "affordable" condos you will see in DFW have financial issues and you cannot get a mortgage loan on them, and have to pay cash. or, maybe get some sort of non conventional financing that is much more expensive requiring 25%+ down.
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24 November 2024 | 10 replies
Due to the likelihood of needing to replace AC and/or furnaces in the next 5 years, there will probably be another year or two of near zero cash flow at some point.When I bought these houses, the neighborhoods had a lot of rental homes, but were still desirable affordable neighborhoods.
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28 November 2024 | 23 replies
I hate that you are going through what I went through because I know how frustrating it can be, but honestly, I'm not sure it gets any better.
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29 November 2024 | 7 replies
Network with professionals, use tools like BiggerPockets Rental Property Calculator, and explore grants or incentives for affordable housing.Good luck!
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25 November 2024 | 19 replies
Self-managing can be a great way to stay directly involved, but it’s also important to consider the demands it can place on your time, resources, and expertise.I'm certain, you have experienced some real frustrations with that PM company, but a strong property management company that can align with your overall needs, can sometimes be a priceless investment when it comes to staying compliant.