Tom LaRocque
Higher deductible killed conventional and FHA - Now what?
16 November 2024 | 3 replies
I know for a fact that Chase has an internal condo approval process for all loans being sold/brokered to them. https://selling-guide.fanniemae.com/sel/b7-3-03/master-prope...For FHA, the guidelines are FHA 4000.1.Also, this: https://www.hud.gov/press/press_releases_media_advisories/hu...Long story short, condos are becoming increasingly difficult to finance.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
You are hard pressed to find anyone who will sell you food, fuel, or any other necessities of life for bitcoin.
Jay Hinrichs
How U.S. can lower housing prices? And Could Trump look at Broker model as Broken?
20 November 2024 | 45 replies
Affordability is about 1:3So yeah on the surface it looks like a big difference, but there's a lot of things not controlled for in the stats- There were a crazy amount of houses built in the years just after the war, so housing stock was easy to come by everywhere;- Homes had nowhere near the kind of features they have now - 2 car garages, dishwashers, OTC microwaves, W/D hookups, high efficiency windows, central heat & air conditioning, etc - all those doodads and niceties drive up the cost of housing;- Fewer mortgages were 30 year, so homeowners had to pay (relatively) higher monthly payments;- Rentals were almost exclusively apartments, so there was more supply for buyers;ETCI think these things tend to be more stories that make for good press but aren't really that grounded in reality overall.
Jonathan Greene
The Most Important Parts of the House to See as an Out-of-State Investor
13 November 2024 | 4 replies
You are looking for issues with the foundation and any other exterior anomalies like giant trees that could be in the sewer line or pressing against the foundation of the house, evidence of buried tanks, where the septic and leach field is, etc.There are plenty more things to focus on as well, but these four are often neglected by newer out-of-state investors relying on an agent or friend as their boots.What else did I miss?
Leon Lee
What is your smoking policy for STRs in Cities
10 November 2024 | 12 replies
But, then you get the joy of proving that the guest did that in a tampering way and not "accidentally".
Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
Either buy what you can afford, or stay out of the game till you can afford it.Anyone involved in trainings, mentorships etc on any topic, anywhere, my advice to you is PRESS IN, get closer to your group, sit at the feet of the 'masters' so to speak...then watch what happens to your knowledge, and your business.
Chris Williams
Deal Going Sour
15 November 2024 | 18 replies
Looking back 15 years later, I should have pressed much harder, the opportunities were too good.
David N.
Pricing strategy for a new listing
12 November 2024 | 12 replies
They will help you ensure you don’t accidentally leave money on the table by helping you study your competition and by raising or lowering your rates so you can compete better.
Milan Herskovich
New Hud Guidelines, better or worse?
8 November 2024 | 2 replies
You can read about it here: https://www.hud.gov/press/pres...
John Rivera
What are your pressing issues when flipping?
4 November 2024 | 2 replies
I'm currently working on a tool that will help fix and flippers and BRRRR investors with managing their projects and also creating a service for investors to pre-vet and replace labor quickly. Thought it could be of h...