Kareem Daniels
New Member Introduction
27 November 2024 | 7 replies
I’ve been reading extensively on strategies to minimize tenant vacancies through smart investments, and I’ve come to realize that many other factors play a crucial role when managing rental properties.
Rob Gallitto
Multi Family property
26 November 2024 | 4 replies
Unless you have extensive experience representing yourself, I recommend using an agent.
Roger Mace
Are Your Loans Recourse or Non-recourse, Know the Difference
29 November 2024 | 9 replies
For illustration purposes if I were given the opportunity to finance my construction projects at 8O% LTC full recourse or 70% partial recourse I will select the higher levered recourse option because have confidence in my projects knowing the debt is sub 60% LTV and want the benefit of leverage.
Samantha Stephens
Purchasing a HUD home
25 November 2024 | 2 replies
We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
The SEC claims Fossum misappropriated hundreds of thousands of dollars from the funds by living rent-free in a fund-owned home and having the funds pay for extensive international travel and his federal taxes.
Paul Washington
Can I get a contract extension with a HUD property?
14 November 2024 | 2 replies
I have a property under contract and need to know could I get an extension with HUD if I’m an investor?
Andrew Tokarz
Homeowner's Insurance Question (under contract on first deal - duplex house hack)
25 November 2024 | 1 reply
When I'm selecting an insurance provider, what sort of things should I be looking for?
Matt Wan
New member doing research
25 November 2024 | 5 replies
I work extensively with expats and they have had a lot of success investing in the US.
Mic Salvador
New Here :)
30 November 2024 | 16 replies
@Mic SalvadorThis can vary widely depending on what market you in, how extensive the rehab is, and how you are financing.
Mike Babin
Old charm home in city
24 November 2024 | 0 replies
Purchase price: $55,000 Cash invested: $110,000 Sale price: $205,000 This was a 1950 raised home that needed extensive foundation repairs as well as all plumbing, electrical and subflooring.