Peter Forrest
BRRR & Delayed financing
9 October 2015 | 2 replies
Thanks to BP - I am a third of the way through a BRRR in Washington DC - got the HELOC, got the house, and now I am rehabbing (should be quick - paint, fix up a few things in the kitchen and add a couple of walls in the basement to create a bedroom) - and DONE ( I am sure it will as easy as I imagine it will be :))I am making the house into a Section 8 rental, and it takes about a month to get the tentant in there with that program. As
Bryan Winter
Than Merrill's A&E's flip this house Marketing material
26 January 2008 | 3 replies
I seem to need a good marketing program as this seems to be my weakest area!
Chris Da
Will Section 8 go broke in the future??
6 October 2020 | 19 replies
Doubt it...at least not anytime soon...You are a property owner so I am sure you pay tons of $ every year on property taxes, income taxes etc. so in a sense you are funding the wasteful section 8 system...One thing that could possibly trigger the government into making a change to this program would be posts in which an investor touts that he is making twice the market rate of rent and referring to the program as a "gravy train" (just giving you a hard time)...I think what you meant to say was that it is a vital government program that helps the community and that you could charge more rent but you don't because you only want to make a modest income...
Kyle Bigger
Seasoned investor wanting to walk away from it all
27 December 2015 | 78 replies
After learning how to do what you are doing, I could not go through with the program, as I was wondering about the exact things you are wondering: taking money from other children's parents, or someone's grandmother.I can share only what I do: buy properties at Auctions, REOs, short sales, estates or build new!
Holly Williams
Passive Investments Enabled Me To Quit My Job Last Week
19 January 2023 | 63 replies
For more details: (https://eig.org/opportunityzones).... its worth keeping an eye on for two reasons: 1) you can invest your earnings and get out in 10 years without capital gains (and if you decided to pull out your investments after 5 or 7 years you can do it at a reduced tax rate). 2) as far as owning RE assets - watching which communities take full advantage of this program as well as others might be an indicator of how the market will appreciate - so it could be a good area to acquire real estate assets.
Rodney Manning
Triplex in CA - Section 8 Tenants
27 July 2020 | 6 replies
Upon reviewing the disclosures I have a a couple questions regarding the Section 8 program as I've never dealt with it, and as I've only done SFH before I've never taken over a property with tenants in place.1.
Joshua Davis
Health Insurance
7 November 2018 | 49 replies
The CBO works with assumptions that never seem to materialize.Look at another huge government run program – Medicare.Started in 1966 at a cost of $3 Billion, it was only expected to cost $12 Billion (adjusted for inflation) by 1990.The reality was that it cost $107 Billion.
Nancy Hawes
Marko Rubel
19 August 2019 | 24 replies
This time I decided to invest in the program, thinking it was his Niche2Wealth Unlimited Funding program. A
Vinson Lee
How should I manage yard maintenance on my SFH rental property
2 February 2015 | 9 replies
Program A could be set for spring , Program B for summer and C for fall.
Phillip Jewell
VA loan
26 December 2014 | 4 replies
@Phillip Jewell are you talking about using a VA Loan or the a first time home buyer loan.If you're talking about using a VA Loan you can only use that for a property that will be owner occupied and you would lose eligibility after you used it the first time; however, you can regain eligibility by paying it off and requesting it again.As for a first time home buyer program, according to what I have seen The FHA defines a first time home buyer as a person who has not owned a home for three years.So, in the case of this program as long as the LLC owns the property I don't think that would disqualify you for the program.( These are only my thoughts on the topic...