
14 March 2024 | 18 replies
Hey, I’m looking to purchase a home in the DMV area (MD or VA) as a primary residence and intend on renting it out after we leave.
BLUF: From what I’m seeing, based on the current rates, home prices, and rent in th...

15 March 2024 | 7 replies
Hello,I am new to real estate investment and went to lots of free webinars and got confused about whom I should go for initial coaching/consultation.Any suggestions?

16 March 2024 | 21 replies
None have ever said no, as they would not be accepted without it.For our SFRs in NJ, the tenants do have a choice; if they decline it, they initial a clause in the lease, stating that they understand that the landlord's policy does not cover anything of theirs in the case of a fire, flood, power outage, burglary, etc.

15 March 2024 | 0 replies
These are all initial impression assumptions that I will explore more in another post.

14 March 2024 | 9 replies
By forum rules, we're not allowed to offer you services, you must initiate the contact.

14 March 2024 | 1 reply
Looking to acquire (initially) small, 2-4 properties outside of CA; focus on low-tax, high growth markets (e.g.

14 March 2024 | 11 replies
With current interest rates around ~7% for investment properties the net cash flow initially with new construction or turnkey would be 1-2K/month (terrible CoC return).

14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.

16 March 2024 | 58 replies
We had quite a few years where the distribution check was over 50% of our purchase cost. 100% passive but all things get used up and our current checks equal less than 10% for the year of our initial investment.