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17 January 2025 | 6 replies
This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.
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11 January 2025 | 12 replies
Are there any specific clauses I should include in a room-by-room lease for a shared living space?
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13 January 2025 | 8 replies
I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.
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14 January 2025 | 329 replies
It added new stipulation, including the ability for housing providers to get 100% back rent owed even for tenants that have moved out already.
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19 January 2025 | 9 replies
It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.
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13 January 2025 | 15 replies
He said that typically in flip deals its around 30-40% down but if construction was included it would be about 30%.
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13 January 2025 | 5 replies
Your clients should focus on properties with significant equity potential and work with experienced contractors to stay within budget and timeline—especially with borrowed funds on the line.Avoiding Bad Deals - Encourage them to work with experienced agents, contractors, or mentors and always run multiple scenarios, including worst-case outcomes, to stress-test their numbers.Reserves - Advise your clients to keep a reserve fund separate from their loan for emergencies, unexpected expenses, or delays.
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29 January 2025 | 31 replies
All offers included more $5,130 fees to Lendbase, over the $6,000 already paid!
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14 January 2025 | 4 replies
Exceptions include delays caused by factors outside the Subcontractor’s control (e.g., weather, material delays).5.
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14 January 2025 | 17 replies
Many local businesses that operate in the downtown area by the state park (including some famous attractions) close for the winter or reduce hours.