Amit Chugh
Section 8 Property
5 January 2025 | 5 replies
Knowing the rent will likely show up each month—even if the tenant has challenges—removes a lot of the uncertainty that can come with rentals.The people listing this apartment as a “Section 8 property” are likely trying to target buyers who value that stability.
James Dugan
Fannie Mae / FHA 203k lenders for DFW?
3 January 2025 | 9 replies
The biggest challenge seems to be finding lenders that offer these loan products which is where I’m looking for help from the community with recommended lenders that serve Texas.The Fannie Mae (or Freddie Mac) options are preferred over FHA purely because of the (perhaps perceived) limit on renovation funds that the FHA option provides.
Jonathan Greene
5 Reasons You Aren't Making Connections With Clients on BP as an Agent
30 December 2024 | 12 replies
Be active, transparent, and provide helpful insights and leads will naturally find their way to you.I couldn't agree more.
Ryan Goff
Grocapitus - Anyone have experience with them?
11 January 2025 | 168 replies
Then they are changing the nature of investment by investing in sometime called Mission 10k.
Julie Muse
Quick Turnaround Triumph: Bayport Drive Success in Lancaster, TX!
24 December 2024 | 2 replies
Challenges?
Lilia Matlov
Facing the Unpredictability of the Real Estate Industry - How to Cope with the Loss o
28 December 2024 | 0 replies
For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Risk that the IRS will challenge it, which is far more likely than with a full-service professional report3.
Diana T.
Destin/ 30A / etc
30 December 2024 | 3 replies
Many investors have had to get creative by emphasizing other property perks, like pools, proximity to local attractions, or unique experiences, to offset any beach access challenges.
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.