We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules 

Short-term rentals require adherence to specific ordinances, and forming an LLC offers liability protection but incurs California’s annual franchise tax.

Hi Joe, I am looking to form a Mastermind Group in NY.

Not sure yet what strategy makes the most sense for me, but I'm here to continue to learn, grow, and network.

Fred and Tracy Rewey's Note Investor tools for me has been awesome. 

Syndicators make an acquisition fee just for buying the thing, management fees, a disposition fee for selling the thing, and have the opportunity to earn carried interests in the form of 20% of the profits.

Myself being a GC, developer and construction consultant as my main business... the question of GC licensing has never been a factor in lending or in selling for me. 

Protect yourself.Our loan documentation package includes several handwritten forms that the borrower must complete at various points during escrow to establish the intended use of the funds.

When I do it for me and my clients, we go very conservative to give better expectations of the transition process, than if it goes better, great!

I have property managers who work for me.