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13 March 2024 | 13 replies
You'll need to read a set of plans and do pretty decent math.
14 March 2024 | 60 replies
Problem #6: Fees: This one is for the math buffs.
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12 March 2024 | 3 replies
You should do the math.
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12 March 2024 | 4 replies
don't keep a staff. there's a general contractor in our market that has 400 million annual revenue and 41 employees. 10 million per employee. do the math. that's columbus ohio. construction management is the key. get to know the subs, process, build clients, focus on what actually get's business not hiring when you are small.
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12 March 2024 | 40 replies
Mostly because it’s not a Landlord friendly market & math.
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12 March 2024 | 19 replies
The math was just not adding up.
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12 March 2024 | 75 replies
40% down just to get cash flow is not sensible math.
11 March 2024 | 7 replies
yeah as title. i have a mortgage on my own house. recently a 4plex on fb caught my eye. theyre listing for 300k, new construction, on i think 1/2 acre or 1 acre mostly seems a big dirt parking lot in front. 1800sq ft. they claim the units rent for 1050. obviously these are small units 1 bed 1 bath, doing the math 1800/4 is 450 sq ft per unit. they look nice, being new construction, albeit spartan inside, metal building, concrete floors, washer dryer hookup. semi rural Oklahoma but about 80-100 miles from dfw. they also say all units are under 6 month lease (it seems to be friends of theirs, i'm guessing, as they mentioned it was full "despite not even listing it yet"?)
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11 March 2024 | 25 replies
It's a math problem more than a qualification problem, but you may want to cap your loan amount to get a better rate (and cash flow) vs maxing out and having a little more cash, but really bad cash flow.
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9 March 2024 | 2 replies
We have a rental property that is now vacant in a C-class area. Monthly mortgage amount is $780/month (PITI). Market rent is $1,300/month. Loan amount left is $132,000.If we list it, we can sell at $205k and assuming...