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3 January 2025 | 42 replies
Not sure what your beef is with BAM or if it's Syndications Deals in general.
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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3 January 2025 | 8 replies
However, I thought it would be interesting to get general feedback from the BP community.
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8 January 2025 | 8 replies
Best regards, Vanja Dimitrijevic.1 - Opting for a cash-out refinance is a more permanent solution and generally offers better terms compared to a HELOC.
4 January 2025 | 5 replies
If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.
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22 January 2025 | 25 replies
There's a lot you can do remotely such as listing on websites, pricing strategies, arranging/order supplies, guest communications, going to the property and doing work on it (note: travel time generally doesn't count).
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2 January 2025 | 8 replies
Financing as a non-US citizen might be a challenge, but it’s not impossible—I’d recommend reaching out to lenders experienced with foreign investors early in your journey.A few general tips:1.
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5 January 2025 | 17 replies
Here, we got a ton in the hood, which there is no real demand for anything to be developed, so these buildings are generally worth very very little.
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3 January 2025 | 4 replies
My ultimate goal is to save up enough money to invest in a fix and flip property(which my family has been doing for a while) and live in it, until I rent it out and use the equity for another home.For any real estate agents or professionals in general, how do you find consistant deals?
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3 January 2025 | 45 replies
Generally most fix flippers are buying at 80%-82% in our market.