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5 December 2024 | 18 replies
That doesn't mean that you to spend loads of money, but just be self aware if you stink at design like me.Just curious - where is the property?
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8 December 2024 | 12 replies
Well owners who already had section 8 tenants in place didn't want to spend $5, $10, $15k or more upgraded a unit that has a tenant in place just to maintain the rents they had (or have a slight increase) so a lot of section 8 approved properties stopped taking section 8.Right after COVID though, it seems that section 8 has lowered their standards a bit.
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5 December 2024 | 31 replies
Padsplit's answer is that no politician will attach the affordable housing industry because this is the only private solution to solve the housing crisis now.
4 December 2024 | 4 replies
It seems like it basically up to you to do the math on how much more you will potentially make selling each unit individually and then deciding if that extra $$$ is worth the number of extra hours you will spend.
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4 December 2024 | 9 replies
Use financing options like FHA loans or private lenders and prioritize local properties to streamline management.
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2 December 2024 | 34 replies
Investor side: Pitch it to your private investor as 12% interests on a 5-year private loan from your investor to secure the $30k.
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8 December 2024 | 21 replies
Its like an ecosystem, meaning anyone I need to do a deal, is here in the community (title people, attorneys, brokers, accountants, private money, hard money, etc) The affiliate program is optional.
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3 December 2024 | 2 replies
If you're looking to make short term use of the equity and have a private lender/investor who's willing to think outside of the box, you might be able to create a custom repo agreement.
4 December 2024 | 4 replies
I highly recommend you travel to the market yourself and spend a couple days driving around, looking at various properties, if you are going to be buying anywhere.
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2 December 2024 | 10 replies
Several of my STR investor clients here in Colorado have used a designer, and they generally pick a few statement pieces that they spend money on and then go with FB marketplace or even IKEA for smaller items.