Storage Condos

Why rent storage when you can own your own?

HSH Properties, LLC have joined in with the innovative idea of designing, building and selling Storage Condos. Their units range in size from 960 square feet all the way to 1500 square feet.

Possible uses of the storage condos include; RV storage, classic car storage, boat storage business document storage, contractor equipment storage, etc.

These storage condos are great for a 1031 exchange!

For more information please email matt@investincorealestate.com

What is a HUD Home?

A HUD home is a one to four unit residence that is acquired as a result of a forclosure of an Federal Housing Administration (FHA) insured mortgage. FHA is a part of the Department of Housing and Urban Development (HUD). FHA provides federal mortgage insurance which guarantees the mortgage lenders will be reimbursed should a homeowner default on their mortgage.

When a HUD is sold it is listed on a website, for example in Colorado, that website is www.mcbreo.com. Homeowners and/or investors who would like to purchase a HUD home must use a real estate broker who is registered with HUD.

HUD homes are typically placed available for bid by people who are going to use the home as their primary residence. The bid period for primary residents usually lasts one to two weeks. Should HUD not receive an acceptable bid, the property then rolls off to the "All Bidders" category which includes investors.

Please don't hesitate to email me with any questions on this topic. My business partner and I are very well versed with HUD transactions.

matt@investincorealestate.com

Suggestions...

We're in the process of revamping our blog and we would like your suggestions and or opinions of topics we should write about. Please send us your suggestions and/or questions and we'll post our responses on our blog and we'll keep your information confidential.

matt@investincorealestate.com