Andrew Ashby
Metro Orlando 1st Flip & stress with partnership, hard money
6 November 2020 | 34 replies
Purchase Price: $56,000SFR: 3/2, 1232 SF, Wood frame on block foundation, Built 1986Distance to downtown Orlando: 45 minutesRehab: $42,000Realtor commission: 6%Labor partner profit split: 50%ARV/Sale Price: $129,900Hard Money terms: 10.5% interest, 4.5 points, 9 month amortization (with no payments)At the outset of this project, I had 4 rental units and I took this on as a starving Realtor with no clients and no business.
Zocky Zhang
Is this termite or ant
6 October 2019 | 3 replies
I think termites are usually lighter in color.
Jason Daubenmire
Is it ok to charge an additional amount for extra related adults?
17 September 2019 | 14 replies
Eric, thanks...that’s my concern... definitely don’t want to be in violation of fair housing, but from what I see on the HUD website, it doesn’t specifically spell out my reason for requiring higher monthly rent/deposit: The Fair Housing ActThe Fair Housing Act prohibits discrimination in housing because of:• Race or color• National Origin• Religion• Sex• Familial status (including children under the age of 18 living withparents or legal custodians; pregnant women and people securingcustody of children under 18)• Disability Nine people certainly equates to more wear and tear on the property and as much as I am all for “ The more the merrier” I want to make sure that the tenant would be held responsible by having more skin in the game to compensate for the added wear and tear of such a large crew.
Drew Lied
The Numbers Work Out... (according to the listing) - Now what?!
20 September 2019 | 10 replies
Just driving the blocks around the target property may provide some good info.4.
Jack Haskins
A different kind of deal
24 September 2019 | 2 replies
It has electric but no plumbing and it is attached to 116 at the roof line and the electric is also joined to 116. 114 is also bundled into the lease for 116.116 is a approximate 1100 Square foot Double wide trailer that is permanently mounted onto a concrete block foundation. 116 has a concrete driveway that is also a boat ramp that goes into the canal that leads to Sound. 116 has had many renovations done.
Jesse Smith
Agent Struggles - Friends Using Other Agents - Advice?
9 October 2019 | 78 replies
Constantly posting about being an agent or asking for work will just get you blocked on social media and uninvited to parties for being annoying.
Account Closed
Any suggestions for this flip?
21 September 2019 | 1 reply
It is likely too late at this point, but for future reference, it would be much better to lose the popcorn ceilings and do a smooth skim coat or even a light texture on the drywall for the ceilings.I'm not a fan of the yellowish looking paint (although it may be nicer in person than on screen/photos) and the two colors in the bedroom don't flow well.
Scott Eisenmann
Finally got started investing at 54
25 September 2019 | 29 replies
@Eric TeleseIt's a 10 year-old, concrete-block stucco house in Cape Coral, Florida, and it's in very good condition.
Jermell Shavers
Should I paint my rental all one color ?
22 September 2019 | 8 replies
Do you use all one color for your SFH ?
Jermaine Chad Ingram
Newbie in Fort Pierce Florida
14 July 2021 | 6 replies
I only by liens on vacant land in my self-directed IRA and I’m looking for partners (contractors and finance) to help me develop Coliving houses, Blocks and Cottage Courts on the lots.