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5 February 2025 | 4 replies
Not sure on the building size or whether it has a flat roof, but I paid over $80K to get a 10k sq ft flat roof done back in 2021, with quotes as hight as $120K.Hope this helps, good luck!
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19 February 2025 | 3 replies
I’ve been diving into larger parcels, seeing them as more versatile for future projects, and exploring the potential for mobile home parks specifically.I’d love to hear from others who’ve made similar moves or have experience with larger tracts of land.
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18 February 2025 | 3 replies
If you were only going to net 10k and the fees male you a lose then it was never a good deal.If you keep project costs less than 72.5% of the ARV then no lending can screw you.
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22 February 2025 | 1 reply
Bathroom:Demo & Prep ($750):DIY toilet, vanity, and flooring removal.Professional plumber for plumbing adjustments.Toilet ($250):Standard, efficient model.Vanity & Sink ($900):A modest-sized vanity and sink combo.Flooring ($500):Wall Tile (Shower/Tub Area) ($1,000):Basic ceramic tile for the shower/tub surround.Shower/Bath Fixtures ($250):Update showerhead and faucet.Lighting & Paint ($250):DIY painting.Update light fixtures.Permits & Contingency ($3,000)Total rehab cost: $30,500Amount Needed: $30,500ROI: 45% of $30,500Investment Duration: 30days Profit: $13,725Total payout in 50days: $44,225EMD: The buyer has put down a 20% earnest money deposit based on the property’s ARV and they are all set to complete the purchase as soon as the rehab is done.To find out more about our Joint Venture projects, please visit our website: http://strandparkproperties.comWe're able to guarantee the return on investment (ROI) by finding buyers for the properties before listing them on our website for possible joint venture fix and flip.
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19 February 2025 | 3 replies
Getting a construction loan without formal building experience is possible, but lenders often require a licensed builder or contractor to oversee the project.
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19 February 2025 | 0 replies
Over the years some exterior maintenance needed, soffit/facia repair/paint, rubber roof on porches, new boiler, new breaker, new washer/dryer/microwave, tree removed, porch rail replaced....
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21 February 2025 | 12 replies
I got a rehab loan for a flip from a friend for 9%, no draws, and got all the cash upfront to finish the project.
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13 February 2025 | 10 replies
What’s the project or projects?
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17 February 2025 | 0 replies
Purchase price: $275,000 Cash invested: $300,000 Sale price: $1,300,000 Luxury build in the city of Bellaire, ongoing project.
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18 February 2025 | 2 replies
The whole project cost about $2000-$3,000.Since this project was simply replacing planter boxes and adding gravel to an already graveled area (I did change the layout)...