14 March 2024 | 1 reply
Hey,Has anyone ever tried to set up loans for people delinquent on their taxes that was backed by their house?

14 March 2024 | 6 replies
Or do I set a no smoking policy, evict him, mitigate, and hope to find a non-smoking tenant now?

13 March 2024 | 4 replies
propstream or some other list service filter and make a list use a list service to contact owners via cold calling, mail marketing, texting etc Once the owner is contacted, get the condition of the house, pictures and get a contract signed

14 March 2024 | 7 replies
-You can use the internet yourself for cameras, lights and anything else on Wifi.CONS-If it goes out it is your responsibility and people get crazy when they can't play xbox-In some cases, it costs a lot to get set up since you are covering a large area.

15 March 2024 | 14 replies
AccountantDepending on your skill sets or what your looking to get into you may need more or less Pros.

15 March 2024 | 3 replies
Each requires a unique set of skills.Identify potential investment propertiesAccurately estimate probable rent and time to rentEstimate ROI and cash flowIf the candidate property does not meet the return goal, look for another one.

15 March 2024 | 9 replies
* I usually set #4,5 at 5% of gross income
13 March 2024 | 1 reply
Since I've never dealt with previous tenants, I'm looking for some advice on the best way to move forward...Unit 1:- Studio Apt- I did a walkthrough last week and spoke to the tenant; he mentioned the only issues he's had in the past year and half is that the cold comes through the windows- He and the owner both confirmed that the tenant is month to month and paying $750, but so far the owner has not provided a lease.- The owner did provide proof of payment, and rent is confirmed $750, but always a few days late...Unit 2:- 1 BR- There was a language barrier, she didn't speak english, and I think she was afraid to open the door so I didn't get to tour it.

15 March 2024 | 43 replies
Research reviews about Padsplit and similar sites, they have the same set up.

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.