This, specifically, is to be applauded in my opinion:To encourage more landlords and property managers to participate in the HCV Program, HUD’s new Landlord Task Force will host a number of forums across the country to engage directly with housing providers, specifically those who do not participate in the voucher program.

Basically about negotiations . people have mixed thoughts on preforeclosures they will tell you being new to stay away.

If I am basically stuck with them should I get them to sign a lease and make it crazy strict and try to get them out that way?  

Hey Everybody,This is kind of a back-to-basics discussion here but I've seen a lot of variation in how much everyone is allocating for repairs/CapEx/both.

Actually i heard about couple of ways that make sense to me:-buy a single family fix it rent it kind of 8-10% net profit , is it something special or kind of basic at the u.s?

@Will Price I'm enrolled for a basic real estate appraisal course right now.

It took basically a year from close to list on a 1300 sq ft house. 

At the meetup there was a speaker who was talking about his success to financial independent and when he went through his list of rentals he bought over the years it left me with a lot of questions. 1: Most of his rentals he bought in B+ to A area's in the 300-450k range in Florida.2: His numbers just didnt make sense, one deal he posted it showed literally like a +$5/month cashflow only....So afterwards i started to talk to him more and he mentioned that he is not the type that invest in cashflow, he is a equity investor... intrigued me so i asked more questions and basically he went on to explain to me that he buys properties that need a little bit of work, but have built in equity in the deal, but he has 4 main rules he goes by... 1: If the Roof is greater than 10 years, he always puts a reduction in his offer for a replacement roof.2: If the A/C is older than 5 years, he always puts a reduction in his offer for a replacement a/c.3: If the house is older than 30yrs old, he always puts 10-15k reduction in his offer for a water line replacement.4: He refuses to buy houses with pools....Anyways after a bit of talking he explained to me that he buys larger 300-450k houses, because most investors are educated to not buy them, so there is a lot of room to wiggle on the deals due to lack of competition on offers and most people in that price range are easily able to be purchased with a few % out of the deal to skip agent commisions..Example he gave me, he recently bought a 455k deal for 405k, but the ARV 535k, because he talked them down in needing a new roof, and a/c and offered to pay cash instead of going through an agent if he would drop 4% off the price for that... 

that works you could do a basic LLC and have uneven distributions which is the major benefit to the LLC.. the LLC lends the money you have 2 or 3 buddies as members.. you the sponsor be the managing member.. then cut the pie however you like.. when I had my shops I did this through guidance lines with my banks.. we put the cash out for the loan.. then back filled and pulled from our guidance line.. for every 1 mil in cash we had we got 4 mil from the bank..

We are basically looking for a good cashflow property (multiplex 20+ units) something which could give 20% or above ROI.