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9 January 2025 | 13 replies
To communicate that a candidate doesn’t meet your qualifications without violating fair housing rules, you can simply focus on the criteria rather than the individual.
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7 January 2025 | 4 replies
Keep in mind that while there is an exemption to the Fair Housing Act.....most states that have a state level Fair housing law do not typically provide the same exemptions as the national law.
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6 January 2025 | 3 replies
Another single family house had two front doors and they assumed it was 2 units, it was not.
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12 January 2025 | 8 replies
Once you start stacking more and more property loans into your personal name, it can bleed into your personal credit worthiness.This bit me in the butt when I wanted to refinance my own house when rates were in the 2% range.
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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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10 January 2025 | 6 replies
A House hack / Pad Split property in Las Vegas, Nevada.
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12 January 2025 | 185 replies
That's a house of cards ready to fall down fast.
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13 January 2025 | 17 replies
This puts the current market rents of $885–$925 per unit well within the affordable range, with room for modest increases post-renovation.I’ve also reviewed competing properties in the area; apartments seem to be listed between 975 -1000, and houses are listed between 1300-1900.
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9 January 2025 | 4 replies
You house/property will not sell for as much due to that..
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4 January 2025 | 4 replies
But I want to now purchase a house with the first time housing program, would I be able to?