Renee R.
Property Management vs Self Managing in San Diego
24 December 2024 | 8 replies
In our experience, working with a "company" is not going to provide the best service or pricing.
Helena Goyvaerts
Belgian Investors Starting in Detroit Real Estate – Looking to Connect
2 January 2025 | 8 replies
Be prepared for the learning curve with Detroit—it’s rewarding but comes with its fair share of challenges.If you’d like more specific guidance or have questions, feel free to DM me.
Derek Farmer
Fix and Flip plan
10 January 2025 | 18 replies
I also will have a big promotion at work coming up that I will need to prepare for.
Amy Smith
Investing as we move into "retirement."
5 January 2025 | 5 replies
Prepare for the inevitable, because bad things will happen.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
15 January 2025 | 4 replies
David Greene is preparing to publish a new book, "Better Than Cash Flow: The Ten Ways You Make Money In Real Estate"
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
They can also give you a better idea of how much you should be prepared to pay so you can cruise through your closing with confidence.And as you plan ahead for closing day, be sure to budget for your real estate agent’s professional service fee too, in case the seller doesn’t cover it.
Nithin Kumar
Nextgen Properties in Maricopa county
11 January 2025 | 10 replies
Also, if it's Lennar, be prepared for problems, insulation issues and therefore paper thin walls.
Sharon Porter
How to purchase a property that the state take over?
18 December 2024 | 2 replies
Ensure the state provides a clear title upon sale.
Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
6 January 2025 | 8 replies
And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.
Sean Dunbar
Looking for advice to invest 965k of equity
8 January 2025 | 2 replies
Also, there’s much to delve into on of those scenarios, like what type of cashflow or investment do you want, etc. residential, multi-res, small multi-res, commercial, industrial, etc.There seems to be fewer deals around these days and this typically benefits the more experienced and skilled investors but there are always multiple investors that get “tripped-up” in these markets due to them relying on recent “fortunate” market circumstances only to realize the markets cycle and they weren’t prepared or didn’t underwrite properly to account for unforeseen potential.There are more considerations, but this is a start.