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26 November 2024 | 2 replies
Generally I would say short term projects.
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13 December 2024 | 17 replies
@Jason Tucker, I'm curious to hear, what ever happened with this project.
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11 December 2024 | 11 replies
Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.
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24 December 2024 | 44 replies
If you need any help or want to collaborate on projects in this area, I am all in!
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7 December 2024 | 12 replies
If your company goal is to buy and hold real estate and develop, I think that will keep you plenty busy and just skip flip projects.
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17 December 2024 | 17 replies
Sounds like you have taken on a big project for your first one, but that's how we learn.
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10 December 2024 | 7 replies
Most lenders are going to want to see a few big things from the ownership group. 1) The borrower will be the enitity (LLC, S-Corp, etc) and any owner with usually 20% or more of ownership in the entity will be expected to guaranty the loan, 2) We'll want to see some experience doing similar projects from at least one of the main owners, 3) We'll want to see bank statements showing liquidity enough to cover the intial cash injection (down payment), the closing cost, and some cash in reserve.
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19 December 2024 | 82 replies
This message was written by a BOSS.Could you tell me more about projected timelines?
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1 December 2024 | 1 reply
Hi,I did a new roof on a rental property. I am from Texas/Houston. The roofer gave me a invoice with high level bill of material, and a statement that it has 2 years of warranty and brand name of the shingles.It does ...
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7 December 2024 | 1 reply
Take for example the lack of productivity where construction projects often experience time and cost overruns, rework or quality concerns.