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24 January 2025 | 10 replies
Also, as long as the house appraises, taking broker commission and using it against down payment and closing costs means lower cash requirements for me which increases my CoC returns.
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24 January 2025 | 4 replies
I am sorry that the storm that passed through just prior to your stay required emergency roof repairs.
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23 January 2025 | 26 replies
Making money in real estate requires experience and starting with no or little money makes you study harder.As much as most of us probably wished for it, getting started with a lot of money in your pocket is a recipe for disaster: the temptation is to make the deal work by throwing money at it.If you want to go into real estate go with a syndicator with a good track record.
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24 January 2025 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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2 March 2025 | 17 replies
So, we are required to file Form D with the SEC only once - for the "parent" LLC.
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2 March 2025 | 23 replies
Go to local Home Depot, 6am on Saturday, and look for hadnymen.Try to find one that at least has liability insurance.Also, not sure if Illinois requires handymen to be licensed, but if so, find ones that are.
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21 January 2025 | 15 replies
Check AirDNA for demand, pricing, etc.The Dekalb Board of Commissioners has proposed regulations for short-term rentals. https://engagedekalb.dekalbcountyga.gov/airbnb-dekalb-countyShort term rentals require you or your property manager to be hands-on and come with more risk.
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9 February 2025 | 33 replies
Hi Lina, It’s exciting to hear that you’re looking to invest in a mid-term rental (MTR), and I’d love to help you navigate the financing side of things.Understanding loan options, down payment requirements, interest rates, and how lenders view MTR properties is crucial to setting yourself up for success.
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22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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27 January 2025 | 11 replies
In general in single family zoned areas, JADU typically subtract value (I suspect largely due to the OO requirement).