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16 November 2024 | 24 replies
I frequently speak with folks who are finding out that:A: They have a partial claimB: The partial claim amount is astronomically higher than expectedC: HUD failed to record their lien (not as common as A and B) and then was forced to pursue the homeowner after a saleSince FHA has been basically pushing everyone they can into a loan mod per "Covid mortgage rescue" plans, these will be an ongoing issue for many years to come.
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13 November 2024 | 6 replies
I agree with other responses here, and to piggyback on them it seems everyone plans to 'own forever' when they sign a 30 year lease or finance term, and then things change (job, relationship, life events, etc) and folks try to sell the property with 25-28 years left.Banks do not look at power bills when determining DTI, but they will look at a solar loan/lease.
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11 November 2024 | 12 replies
Do folks use LVP in bedrooms too?
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15 November 2024 | 18 replies
The fact of the matter is you mitigate that risk by doing what the folks above already told you....you bring money to the table and you have money in reserves if things go bad.
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14 November 2024 | 13 replies
I know cities like Baltimore scare a lot of investors but I've seen a lot of activity lately as if folks have finally decided it's time to act.
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15 November 2024 | 17 replies
All sorts of folks.
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13 November 2024 | 14 replies
Lots of folks needing a cheap place to live!
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14 November 2024 | 19 replies
Folks appreciate enthusiasm and genuine curiosity.A friend of mine, Alex, felt the same hesitation but decided to give it a shot.
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16 November 2024 | 32 replies
And I get it but your right there are members that welcoming folks is the ONLY thing they did.
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13 November 2024 | 12 replies
Hey STR folks, trying to make a clear comparison of the different STR data sources and curious to hear your thoughts on which STR data tool you find to be most accurate out of AirDNA, Mashvisor, Rabbu, BNB Calc, PriceLabs, STR Insights.