Jonathan J.
Question on learning path and selecting a niche, finding mentors, building a team
15 March 2024 | 5 replies
Keep analyzing deals and get good at running your numbers.
Veeru Rao
After the fact - New Investment
14 March 2024 | 13 replies
This is as much to keep accounting and taxes easy as it is anything else.
Salina Doe
Evicting a Section 8 Tenant (TAW) in MA - Process/Time/Cost?
15 March 2024 | 21 replies
The question is whether or not you want to keep this tenant.
Bob Stevens
Sec 8 renting
14 March 2024 | 9 replies
Guarenteed payments on the 1st, keeping up with market rates and mutual interest between the tenant and landlord to keep the property in good condition and to keep the tenant living there.
Pamela Holmes
Alabama Tax Deed Property
15 March 2024 | 117 replies
The investor gets to keep any rents collected up until the redemption.You must also make sure the tax sale was not void.
Logan M.
Making Changes via HUD for Manufactured Homes?
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.
Chris F.
Collection agency who works with one off cases
14 March 2024 | 4 replies
He keeps 1/3 of any amounts he collects, and passes through any expenses he incurs - such as service fees, filing costs, etc.
Alex D'Anjou
new to apartment investing
14 March 2024 | 3 replies
There are several key differences and considerations to keep in mind when investing in a larger building.First and foremost, financing a larger apartment building will likely require a commercial loan, as opposed to a residential mortgage.
Sailin Li
What's a Good Area? Looking to Purchase First Investment Property
15 March 2024 | 14 replies
We have been keeping our eyes and ears out there for the past year.
Jake Harrington
Small mixed-use multifamily properties (3-4 doors)
15 March 2024 | 5 replies
Keep in mind most of the tenants would be immigrants who may or may not speak English.Honestly, these seem like a total headache and I can understand why these sellers want to sell.