Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
—----------------------------------------------------------------------------------------------------------------------------Subcontractor Agreement TemplateThis Subcontractor Agreement (“Agreement”) is made and entered into on [Date], by and between:Contractor: [Full Name/Company Name] [Address] [Phone Number] [Email Address]Subcontractor: [Full Name/Company Name] [Address] [Phone Number] [Email Address]Project Details: Project Name: [Project Name] Project Address: [Project Address] Project ID or PO Number: [Internal Identifier, if applicable]1.
Erica Allen
Beach House (pocket listing?)
23 January 2025 | 2 replies
Without going into too many details about the property, I'm interested in connecting with people who deal with off market listings and investors in this geographic area.
Stacie Casella
Investing in Clarksville Tennessee
26 January 2025 | 3 replies
I'd be happy to connect further regarding your questions about more specific and nuanced details.
Naptali Lucks
Investment Opportunity: Affordable Rural Eco-Friendly Housing Community
29 January 2025 | 0 replies
More details to follow.
Naptali Lucks
Investment Opportunity: Affordable Rural Eco-Friendly Housing Community
29 January 2025 | 0 replies
More details to follow.
Bianca Rodrigues
Partial Seller Financing Question
15 January 2025 | 6 replies
Please post more details once you meet, and good luck!
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
30 December 2024 | 10 replies
The walls in your own house are going to be covered in scuffs and marks but for some reason the buyer completing their final walk through will have heightened awareness.
Krissi Miramontes
Fix and Flip
27 January 2025 | 5 replies
Have you looked at this one for your next flip: https://www.realtor.com/realestateandhomes-detail/8072-Doria...?
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
I definitely forgot those important details.