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26 August 2024 | 2 replies
Can I use this appraisal now to remove PMI or does the renovation have to finish?
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27 August 2024 | 1 reply
Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.
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27 August 2024 | 12 replies
In a nutshell, yes the buyer will work more 'hours' from start to finish.
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26 August 2024 | 23 replies
Then charge her pet fees, pet rent, additional deposit and additional rent for the extra people and demand a 2 year or longer lease.Then you can get them a second room and find a place that allows dogs.Red roof Inn is cheap.Maybe just do a couple nights while the bathroom is being redone and have contractor work around them for the other stuff Tell the contractor you'll give him a bonus if he can work longer days and finish sooner.
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26 August 2024 | 4 replies
You may pay a bit more and make a little less, but playing the long term game is key in real estate.The types of structures could be lump sum (one price) or cost plus (meaning you pay the cost of material and labor plus a flat fee—more of an open-book model).I see some investors who want to pay for ALL the materials, which is excellent for the investor (more control of finishes & cost) and general contractor (if they are getting paid well).
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27 August 2024 | 9 replies
Luckily my wife is a physician who just finished residency, so she can take a turn being the primary breadwinner.
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28 August 2024 | 10 replies
A lot of the projects that are going on here aren't finished yet and new projects and developments are popping up all the time.
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26 August 2024 | 2 replies
I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,The house looks in really good condition, I already made an offer for 570.000, in melrose Bronx, I know this is not a safe neighborhood, but I do believe the house will appreciate and also I think I could easily rent it since it’s close to the subway,What do you guys think, will a house in melrose Bronx will appreciate it, taking into account it is close to projects and it’s in melrose?
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26 August 2024 | 3 replies
I believe you still have to live there for a year after work has been completed, maybe a year after close is all with 6 months to finish the work.
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27 August 2024 | 4 replies
I finished school when I was 16 and now, I'm 17 years old and I'm making 36,000 a year from my w2 job, I know there's not much I could do as of right now but what should I do to set me up so when I turn 18 I can start my investing Journey.