Ken Weiner
Anderson Business Advisors
20 March 2024 | 193 replies
For example, the notion of a "holding" LLC (in a state with charging order protection) that owns other LLCs (in the states where the rental properties are located) is not unique to this firm, but it is certainly promoted more dominantly by this firm than other sources I've come across.
Diane T.
Becoming a Loan Officer before investing in Real Estate
15 March 2024 | 2 replies
While my current job, which I was promoted to six months ago, pays well, I still feel like I'm not achieving financial freedom or enough time for myself.
Nate Marshall
The "Influencer" Guru is far worse than even a "guru" with a questionable persona.
15 March 2024 | 3 replies
Promoters recruit them.
Mark Bascetta
Need experienced tax account in new London area preffered that does real estat
15 March 2024 | 1 reply
Given we are accountants we cannot self promote as its against BP rules.
Gene Jung
Certain amount: looking for investment opportunity
15 March 2024 | 31 replies
These are investment promoters and the investments they market are highly speculative, difficult to evaluate and there is a high likelihood that you could lose your entire investment.
Logan M.
Making Changes via HUD for Manufactured Homes?
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.
Heidi Duren
I have my first two houses possibly under contract. Now what?
13 March 2024 | 8 replies
Yes, you should add your fee on top but make sure you have a marketing clause in your P&S Agreement with the seller allowing you to promote it.
Nadia Daggett
Introduction to Investing N Florida, LLC
13 March 2024 | 13 replies
I would love to introduce myself, without self promoting.
Walt Viera
New Member starting late with little
13 March 2024 | 28 replies
Building positive relationships with tenants can increase their retention and reduce turnover, promoting consistent rental income.Consider FHA loans with lower down payment requirements if you're starting with limited capital.
John Cook
CPA and Legal
13 March 2024 | 13 replies
Hey @John Cook, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.