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15 March 2024 | 7 replies
It is not a secret Airbnb's interests are not aligned with hosts.
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15 March 2024 | 2 replies
Look at trends in property values, rental demand, vacancy rates, and economic indicators to assess which market aligns better with your investment objectives.Risk management: Determine how much risk is involved in each choice.
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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.
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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.
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15 March 2024 | 8 replies
As alternatives, explore house hacking for faster equity building or consider other investment strategies aligned with your goals.
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20 March 2024 | 175 replies
By doing so, we can help our clients steer clear of potentially unprofitable deals, and maximize returns on successful projects by clearly identifying an exit strategy early-on and tailoring the overall project scope and strategy to align with that exit.
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14 March 2024 | 4 replies
The current asking price is 620K and it is 10min away from Kingstown Alexandria which has many amenities like shopping, eating, etc.Given your expertise in the real estate market, I value your opinion on whether this property is a good deal and if it aligns with current market trends.
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14 March 2024 | 13 replies
Consider exploring opportunities in markets that align with your investment goals and offer decent potential for positive cash flow.
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15 March 2024 | 31 replies
If someone's goals don't align with their local(ish) market that's when it's generally time to consider out of state investing.
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14 March 2024 | 3 replies
@Branden Wilson, I tend to align with JD on this.