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14 March 2024 | 8 replies
Originally posted by @Duane Brown:Well said guys...
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15 March 2024 | 7 replies
Hi, How long after posting your rental property on Zillow etc do you decide to reduce the price?
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15 March 2024 | 7 replies
If you get the same kind of numbers with the second unit, then I think you are on a roll.Having said that, check out what @Sarah Kensinger posted.
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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.
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11 March 2024 | 0 replies
I am currently in my first year of my W2 job (post graduation), and after a year of listening to Bigger Pockets, getting my real estate license, and allocating funds, I have finally decided to dive head first into my first investment.
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14 March 2024 | 3 replies
I only started doing this for my brother because about 9-12 months ago his business started to slow substantially.Then a few months after the slowdown, his primary channel of lead generation, Facebook marketplace, changed their terms of service prohibiting service providers like him from posting services on FB marketplace.He knew I had run over half a million dollars of paid Facebook and Google ads selling various products over the years so came to me for help with Facebook advertising because he could no longer post for free on FB marketplace.
15 March 2024 | 10 replies
Im a little late to this post but I hold a real estate license in AZ and own a construction company.
14 March 2024 | 60 replies
Originally posted by @James Wise:Originally posted by @Ken Virzi:I recently purchased a property through them and decided to not use them for management.
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15 March 2024 | 8 replies
If you can’t find your answers, then create your own post!
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15 March 2024 | 14 replies
Make a post about the investment you're considering pursuing and see what others think about it.Best of Luck!