
12 April 2024 | 40 replies
I would not partner with someone to build, too much liability if the house sinks or gas blows...

12 April 2024 | 10 replies
Kendall set out to answer what she felt was a call to action and approached CMHA and others about the project.Together they developed Harriet's Hope, believed to be the only affordable, permanent community specifically for human trafficking survivors in the nation.The importance of housing for human trafficking survivorsHarriet's Hope is part of a larger initiative in the state to end human trafficking and fulfills a critical missing piece — safe, affordable and accessible housing for survivors — in its efforts, said Ohio Attorney General Dave Yost, whose office has a human trafficking commission.The lack of a safe place to go can make individuals very vulnerable when it comes to human trafficking, according to advocates.

10 April 2024 | 5 replies
@Michael CaiThere are a few good markets in Georgia, but there is one that is blowing them all out of the water right now!

11 April 2024 | 10 replies
A large portion of our contracting work comes from investors who tried to save money by sourcing their own contractors, and then had it blow up in their face like this.

11 April 2024 | 20 replies
@Matthew PorcaroI can certainly understand your point of view and advocation for 203(k) loans, however...In my opinion, and feel free to correct me again, a 203(k) loan is not ideal when utilizing the BRRRR method for the following reasons...- It's against FHA rules to use a 203K loan for an investment property, unless it's a 2-4 unit multi family and you will live on site.- 203(k) Loans are for Owner-Occupants- You can't use a 203(k) loan, legally, if you're planning to rehab/rent(not live in) the property.- The Cash Out Refi Seasoning Period is 12 Months.

10 April 2024 | 15 replies
It fits within our buy right criteriaWe own 12 units right next door.Newer vintageThe three beds are in high demand, and we are blowing away the 1% ruleThere is very little cap exWe focus on PPU (profit per unit), and this is going to profit nicely and add to our scale in that part of the marketExit strategy is to refinance our capital out when rates drop, and to hold long term.You have to be willing to take what the defense gives you, and you have to understand all of the investing strategies and know when to use them2021 and 2022, we only did about 200 units, smaller deals, but very profitable and we’ve refinanced all of our capital.2023 was an excellent year. 128 units, 105 units, and 97 units.If you aren’t doing deals, you can always be improving operations, meeting more potential investors, and creating more relationships.Life is like real estate.

10 April 2024 | 6 replies
Personally, just add his name to the deed, Pandu Chimata and Joe Blow, as tenants in common....

10 April 2024 | 15 replies
Columbus OH, we work with a Charlotte land developer here on larger sites like 30 acres and up not sure how big but your niche size is great. we do development, licensed general contractor, and build single family and multifamily we have a few new Floorplans every few months and I travel nationally to be an advocate for our market. it's wide open. high absorption potential and only 8 builders who build over 50 houses a year in our market.

9 April 2024 | 0 replies
I recently heard about an interview with the NAR president, and they have sent a letter to HUD advocating for more flexible financing on buyer agent commissions.

9 April 2024 | 9 replies
I think as a Broker though if your representing the seller I would NEVER advocate that they do this.