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19 December 2024 | 2 replies
Finding contractors you can trust to show up and complete the work.
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12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level.
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18 December 2024 | 4 replies
The tenants are currently in court with a title dispute so the house would have to be paid for cash only.I would like to convert it to a primary residence and turn the garden level into a separate two bedroom apartment for use as an in law suite.
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31 December 2024 | 13 replies
What is the appropriate level of cleanliness to maintain during project work?
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16 December 2024 | 23 replies
The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all.
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20 December 2024 | 9 replies
Fannie/Freddie both allow up to 90% financing. https://singlefamily.fanniemae.com/media/20786/displayHOWEVER, the loan level pricing adjustments are HUGE on these loans: So, the rate and costs will be very high.
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18 December 2024 | 4 replies
Congratulations on earning your broker license and taking your real estate journey to the next level!
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21 December 2024 | 10 replies
Would trust Jake's recommendations on agents!
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22 December 2024 | 0 replies
- At a high level often people set goals that don’t align with their overall life goals.
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.