Thomas Shepard
Increase Rental Income on a Basic Duplex
16 March 2024 | 9 replies
I have not verified this, but I heard from my property manager that the Cookeville hospital is no longer participating in any traveling professional programs.
Elisa Lisa p
Purchasing coop for primary housing but hate that they will check everything
14 March 2024 | 6 replies
I wouldn't necessarily be uncomfortable with that (I would actually be so proud haha) since coops are community-based complexes so their primarily reason for checking the background and financials is to make sure all their neighbors are in a good standing.
Jose Guevarra
Escrow process alternative to email
15 March 2024 | 5 replies
But we are working on it and all of our partners are aware of this desired outcome and want to participate.
Tommy Adeoye
Shaping proptech innovation through your input
15 March 2024 | 3 replies
The platform must align with investors' specific needs and preferences.Ultimately, the mission is to flip the script on prop tech and deliver a game-changing solution that tackles the pain points investors face head-on, empowering investors to reach their investment goals with confidence and ease.But here's the thing—we can't do it without investor participation.
Gabriel Borrego
Rookie looking to learn
15 March 2024 | 8 replies
I’d suggest starting out by networking with as many other investors as possible and being an active participant in the forums.
Logan M.
Making Changes via HUD for Manufactured Homes?
14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.
Bob Stevens
Sec 8 renting
14 March 2024 | 9 replies
It is not a good business proposition.I'm glad some landlords want to participate in Section 8.
Jason Carter
Strategy for low income earners?
14 March 2024 | 8 replies
Rental properties have the potential to produce passive income over time with prudent planning and management.Syndications or Partnerships: To pool resources and participate in larger buildings or projects, think about joining real estate syndications or forming partnerships with other investors.
Joshua Post
New to REI. Nervous, should I get training?
15 March 2024 | 17 replies
The best thing you can do is find someone who you can talk with occasionally to help steer you for your first 1-2 deals.Look for someone local who does it by participating in local REI meetups, call a few real estate offices and ask for an agent who is also a RE investor, look online for a connection who can give you some time.RE is hyper-local so your best resource is someone who is familiar with the area you will be operating in.Even with 20 years experience I am glad to have a CFP who understands real estate so that I can bounce ideas around.
Daniel Schlittler
Dallas/North Texas Meetup
15 March 2024 | 214 replies
I would also love to participate in some Dallas area meetups!