Stuart Udis
Latest Example of Government's Failure To Improve Housing Affordability On It's Own
The Philadelphia Housing Authority (PHA) recently acquired a 360 unit 12 story multi-family building for $24M and a local news outlet reported on the building. Through PHA sources, the article indicates the renovat...
Richard Warren
The $8 Trillion Bailout
A trillion here, a trillion there…pretty soon you’re talking real money.
Check out this article from CNN-Money about the cumulative bailouts so far. With Obama’s proposed $800 billion stimulus package you are ...
Nathan Gesner
COVID Relief Includes Landlord Assistance!
I haven't seen the details yet, but the new stimulus package apparently includes relief for Landlords. Below is a quote from the article, emphasis is mine:Provides $25 billion to the states through Sept. 30, 2022, for...
Edwin Duran
A Guide To Getting Your First Mortgage
https://homes.yahoo.com/news/a-guide-to-getting-your-first-mortgage-221253699.htmlJust read this article on Yahoo!, They damn near make it seem like home ownership is for the selected few. What do you guys think about...
Dan Powers
Lumber Prices hopefully on the Horizon of Decreasing?
For anyone that has been living under a rock recently, lumber prices have tripled since the beginning of last year, peaking at a little over $1700 per 1000 board feet. That being said in recent weeks lumber has seen a...
Christopher Boon
Socializing 506b properties: What's allowed, what's not allowed?
Unlike a 506c, which you can promote online (social media, newsletter, etc.) and solicit prospective investors publicly, I believe that you can not solicit investors or business publicly if set up as a 506b. What are...
Va Des
Mortgage options for TurnKey Properties in Jacksonville.
I just gone a property in Jacksonville and was looking for lending options. The property is under construction and will be done by 3rd week of April. One of the lender gave me an attractive rate (3.5) on 90 day rate l...
Paxton J.
Kansas City: Growing Upscale Rental Market
I'm researching the KC market for a cash-flow property and although it appears to be a good area for this, I found an article that confirmed the hot rental market but moreso in the upscale areas. My price point is $1...
Account Closed
An interesting article on flipping
Fellow BP flippers,Saw this article on Yahoo! and thought I'd share: http://finance.yahoo.com/news/housing-flipping-ris.... A few interesting excerpts:- Flipping returns are up substantially from a year ago at the na...
James Marszalek
Washington's Battle for Owner's Water Rights
Hello All, For those who don’t know, the Washington State Supreme Court Decision “Hirst vs. W. Washington Growth Management Hearings Board”, known simply as the “Hirst Decision”, has effectively put a halt to all new...