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6 February 2025 | 17 replies
It takes a lot of phone calls and asking around, but you can normally find a local or regional bank that is willing to work with investors on these types of properties.Mike
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28 January 2025 | 2 replies
Beyond trying to connect on this forum would recommend look in the BP Meet up section and checking out local DFW FB RE investor Facebook groups as well as Meetup.com and Eventbrite for local events.
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6 February 2025 | 8 replies
.- Build Relationships with Vendors: Getting quotes from local contractors or vendors for common maintenance or repair tasks can give you a clearer picture of recurring costs.
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27 January 2025 | 12 replies
My sister lives in Lee’s Summit, so I’ll have family nearby to help navigate the local scene.
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3 February 2025 | 0 replies
The Yale Law Journal article, "Zoned Out: How Zoning Law Undermines Family Law’s Functional Turn," highlights this issue, noting that while family law has evolved to recognize diverse family structures, zoning laws have lagged behind, potentially hindering innovative housing solutions like co-living.Challenges for Co-Living InvestorsFor real estate investors interested in co-living, these restrictive definitions can lead to:Legal Barriers: Difficulty obtaining permits or approvals for co-living spaces due to non-compliance with traditional family definitions in zoning codes.Operational Challenges: Potential fines or legal disputes arising from housing arrangements that don't conform to local zoning definitions of a household.Market Limitations: Reduced ability to meet the growing demand for affordable, shared housing solutions.Advocacy for ReformThe Bloomberg article, "Why Are Zoning Laws Defining What Constitutes a Family?"
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6 February 2025 | 1 reply
I think you have the basics of meeting partners and people to work with in your local market and seem to be well on the way with two deals going already so big congrats there!
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5 February 2025 | 22 replies
I wonder if your local MLS provider has a list of MLS_only brokers in their system?
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31 January 2025 | 6 replies
Yes BofA is all over the country but if you go to your local branch it's pretty likely that loan officer and/or office wouldn't be licensed to operate in another state.
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29 January 2025 | 10 replies
You'll have a slight disadvantage compared to the local population, but nothing that should crush you.
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2 February 2025 | 3 replies
Quote from @Saquan Johnson: I would reach out to local rehabbers in that area and also higher-producing agents to get this info.