The HECM is for the senior market, age 62+. I am an agent with a very large carrier (think about Marlin Perkins from Wild Kingdom :) and this FHA insured loan is the only loan for which I originate. Many seniors, 62...
Hello everyone,
I've come across a property that is undergoing foreclosure. It has two mortgages, both of which were recorded at the same date and time. However, the page numbers in the same book are different. In th...
Help please:How can I do a background check on a senior who want to rent my 1 bedroom apartment in Mercer County NJ? He's 90 and doesn't have an email address so I can't process the usual background check via Transiti...
I am looking at some real estate in a senior living community. What are some considerations when approaching this from an investors viewpoint?
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $90,000
Cash invested: $25,000
This was an MLS purchase, was a senior housing project.. they moved there tena...
Hello BP family! I have another problem that would love to brainstorm and get some feedback on for San Francisco Flat that I would like to get some help on!Scenario:- Landlord/Owner bought 2 br/2ba flat in San Francis...
Is it much more difficult to rent out condos in 55 and older complexes in comparison to condos in regular communities? I am in Orange County, Ca and people have been saying that there is a huge lack of housing for sen...
I think all full time investors spend there days looking for deals, But what do you do when you have a few deals working, a few deals closed and being renovated and the phone is ringing?I find myself always looking fo...
A while back there was a guest on the podcast who started purchasing single-family homes and housing senior citizens. Each room would bring in $5k plus in income. This is a very creative real estate strategy and I hav...
I always like seeing new concepts for housing that can be used for various populations. I love this architects designs for cottages and pocket neighborhoods, but this concept is something entirely different. I was thi...