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31 December 2024 | 418 replies
They offered to provide projections or a pro-forma.
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24 December 2024 | 4 replies
We do not factor in capital gains tax in our final net profit projection Hope that helps!
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20 December 2024 | 3 replies
Maybe it’s hosting a casual weekend walkthrough of a recent rehab project so investors can see how their money is being put to work.
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5 January 2025 | 18 replies
It would be a rare new RE investor that could hope to have taken on this project without partners with experience.My point is investors in different stages of life and experience have different criteria for their RE investments.
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12 January 2025 | 12 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
1 January 2025 | 24 replies
Check the property: Make sure it’s in decent shape – no need to take on a major project right away.
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24 December 2024 | 5 replies
Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.
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29 December 2024 | 8 replies
One of the most common mistakes beginners make is jumping into large rehab projects without having a solid team or boots on the ground.
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26 December 2024 | 27 replies
Finish the project, take great pictures and go live quickly.
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3 January 2025 | 26 replies
In Minneapolis, are there programs in place from non profits and the government to aid first time home buyers with costs?