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8 February 2025 | 1 reply
I'd recommend looking at costs. your build cost is going to be well over other homes because of the fixed costs like slab, Hvac, roof, etc. check the market drivers and weight the benefits of short term versus long term. long term is no furniture and help pays mortgage but at this size it doesn't really cover everything. we didn't find a lot of economies of scale in single family detached. can you build more than one unit?
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11 February 2025 | 5 replies
@Sean Spagnola - I always like to have photos of recent comps in my back pocket to help with the design of a BRRRR to ensure that the finishes are similar/same to the market.
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3 February 2025 | 1 reply
any help from anyone would be appreciated?
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13 February 2025 | 1 reply
We have a local roadside assistance company here that charges only $15 a month for hassle free roadside help here at the apartments and around our valley for our student tenants that may be new to car troubles and away from home!
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4 February 2025 | 7 replies
Would a DSCR loan be a better option than a hard money loan for this project?
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26 December 2024 | 4 replies
You're certainly correct, this market it pretty awesome, which brings in a lot of competition.
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4 February 2025 | 12 replies
I second what has been said about using a HELOC to help fund your purchase and rehab.
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28 January 2025 | 29 replies
This could help decide if the income is enough.
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3 February 2025 | 26 replies
It may be more worthwhile to find someone who has reasonable fees for their service as my two cents.I hope this helps in some way!
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3 February 2025 | 15 replies
If you have this debt and need money, you may not be preparing yourself for the challenges of being a landlord.