Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
Check out the Note Assistance Program.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
They've recently introduced a program called "pre REO" which gives them a strategy to help pull investment capital from these assets which are waiting for foreclosure and exit so that they can recover some of the investment capital from the assets to meet redemption and capitalization requirements for the fund.
Benjamin J Thompson
AI Analysis Tools? Which is best and why? Anyone using any of these and why?
5 December 2024 | 11 replies
I'd say forget the AI buzzword hype and go back to programming something useful based on real transaction-level data like below (that can help you with any deal you find, from whatever source you have).Sales Comps & ARV estimate:Market Stats:AI won't be able to provide you anything close to this, nor does the RedFin/Zillow market data drill down into the market as deep as I do here.Additionally, if you understand how the leading LLM's work based on a black-box floating point matrix, you just can't trust their conclusions like you can with your own program.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
Ironically its the investors in the layered LLC's who believe they are hidden in the cloaks of secrecy and better protected who end up in the most costly and drawn out litigation while giving the plaintiff attorneys reason to take a more thorough look under the hood.Keep your LLC ownership simple, carry appropriate insurance, make sure ever vendor you work with carries appropriate insurance and those who perform work functions most likely to lead to liability exposure list you ad additional insured (not merely certificate holder) and it should go without saying, avoid negligent conduct.
Isadore Nelson
Brooklyn Foreclosure - Potential Red Flags?
28 November 2024 | 4 replies
Some title/ certificate of occupancy issues can cost $10,000’s-6 figures to resolve.
Kylie A.
Creating a Nonprofit
6 December 2024 | 4 replies
You mentioned that you're not interested in grants or fundraising, I'm curious what type of operating budget and actual program you have in mind.
Scott Zeiger
Appliances
17 December 2024 | 29 replies
I went to a learn-on-the-site program that our local REIA had recently. 3BR/3BA house, owner is probably in 145K after fix up (I know the purchase price, don't know what was spent to get it ready after purchase) and a handful of years later it's now worth 190K.
Trent Gulino
Using a heloc to brrrr
9 December 2024 | 8 replies
This criteria is for 1-4 and 5-8 unit programs.
Jullion Cooper
First Detroit Investment Property
29 November 2024 | 2 replies
Where are you with the city required Certificate of Compliance process?