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26 December 2024 | 4 replies
Key points for buyers to consider: the $65K rehab budget and timeline (45-60 days) are realistic, but transparency on rehab details and potential delays will be important.
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27 December 2024 | 9 replies
Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?
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26 December 2024 | 14 replies
We are going to spend about 20K to bring it up to par but defiantly worth it.
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23 December 2024 | 14 replies
Due diligence is key before you sign on the dotted lineBuild a network of a great property manager, lender and maintenance teamDepending on your budget, I usually would start with at least a duplex, triplex or quad.
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10 January 2025 | 28 replies
You could easily spend a lot of capital to start with something else but doing the house hack gets you started and your feet wet.
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24 December 2024 | 5 replies
It's not ideal, because they do have a budget price to adhere to.
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27 December 2024 | 6 replies
Your total spend might be like $1,500/year on everything from brokerage to MLS to boards.
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22 December 2024 | 4 replies
I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units.
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19 December 2024 | 4 replies
Any feed back is welcome
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1 January 2025 | 32 replies
This greatly helps me to be location independent and spend good amount of time in India.