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17 January 2025 | 21 replies
North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.This helps greatly.thanks!
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31 January 2025 | 10 replies
If you truly are limited on time or can't make investing a priority, you should look for smaller projects as others have recommended.1) General Contractors are available to run your project, but most are too expensive to make ROI work on smaller projects. 2) A great PMC can act as a Project Coordinator for rehabs, but many won't be transparent about the costs, so you know what you are paying for.
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7 January 2025 | 12 replies
While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.
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13 January 2025 | 4 replies
I've only had one listing transaction from my BP leads.Most are complete noobs or have limited REI experience with a rental or two.
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28 January 2025 | 56 replies
My recollection is (and insurance experts on BP can correct me if my memory is wrong), but most insurers will only pay "replacement cost" policy limits, if you actually replace the damaged property.
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12 January 2025 | 13 replies
If I understand correctly your siblings goals are to sell their rental properties, use the funds to purchase a primary residence they'll eventually move into, and limit their tax liability correct?
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17 January 2025 | 9 replies
HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."
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19 January 2025 | 51 replies
Cozy has been acquired by apartments.com, and will not let me sign up for cozy, and the functions seem limited.
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24 January 2025 | 12 replies
The court uploads its docket ussually days ahead of when the doc is recorded and uploaded to the clerk/recorders office.PAy attention to what they are charging once you go over your free limit for whatever account you pay for.
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20 January 2025 | 7 replies
Your income isn't high enough for it to make sense as a rental and the closer you get to your residence limit the greater pressure you will have to sell it before losing your exclusion in whole or part. 500k right now can make $15k per year income with zero maintenance or tenant risks.