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4 January 2025 | 67 replies
Once the concrete absorbs the cooler temperature, it stays very comfortable.
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7 January 2025 | 8 replies
Stay hyperlocal and get a good team in place locally so you can recognize good people when you find them.
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5 January 2025 | 28 replies
I will definitely keep myself on here to stay updated and will definitely be interested in coming to the next one!
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4 January 2025 | 5 replies
The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.
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3 January 2025 | 8 replies
Existing deals will instead be saved by NOI growth driven by rent growth--if you have the staying power to hold on long enough.Supply: High deliveries remain today mostly because of "hang over" from projects that are taking longer to complete than developers (and industry analysts) expected.
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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2 January 2025 | 25 replies
First set stayed 7 years.
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1 January 2025 | 27 replies
Their view is that an arcade game is cool for 10 minutes, but a PS5 is something that they would enjoy for their entire stay.
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8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
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8 January 2025 | 34 replies
The risk increases the further you go from home, so I'd just stay home if I were you.