
16 March 2024 | 15 replies
They have been publishing similar statistics for the last several years now to encourage more to become CPAs, yet the number continues trending upwards.

16 March 2024 | 12 replies
Use online tools for insights on trends and values.
15 March 2024 | 10 replies
Considering an inherited property in Los Angeles that could be rented for $6,000-7,000 monthly, and with monthly trips to Phoenix amid a child custody battle, I'm interested in understanding the current state of the Phoenix house hacking market.If you have insights, experiences, or trends to share regarding house hacking in Phoenix, I would greatly appreciate your input.

19 March 2024 | 323 replies
In most markets (in my opinion), things are trending down -- or will be soon -- and new construction is the first to take a hit when it comes to sales and transaction volume.That said, here is what I like/dislike about new construction...PROS OF NEW CONSTRUCTION- Budgets are easier to forecast (fewer surprises)- Schedules are easier to forecast (fewer surprises)- ARVs are easier to forecast- Can often get a contract before construction is completed- Contractors on these projects are typically more reliable- Overall, a lot less stress and headachesCONS OF NEW CONSTRUCTION- Much longer life-cycle (adds more market risk)- Higher out of pocket costs- Financing can be more difficult- Requires more skill/knowledge- Requires much more attention to detail- Generally lower IRR (due to length of projects)Personally, I'd rather do a new construction project over a big rehab any day -- the lack of surprises and the better contractors make the entire project more enjoyable.

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.
15 March 2024 | 3 replies
I did my homework, from demographics, trends in the past 50 years (jobs, rental cost, population trend, vacancy rate), and so on and so forth.

14 March 2024 | 2 replies
What kind of news outlets are people following to keep a pulse on the real estate trends in the Denver area?

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.

16 March 2024 | 58 replies
Not a steady rate and can change all too quickly with recessions, trends, seasons, etc.If it doesnt work as an LTR, don't buy it as an STR!

15 March 2024 | 20 replies
They're the new trend so too many operators will dive in, they'll hit a peak, and then we'll see units revert back to LTR's, owner-occupied units, or maybe some entirely new model we haven't discovered yet.