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21 November 2024 | 23 replies
They then use their new knowledge and skills to take on bigger projects which they then BRRRR to scale more aggressively.I don't know a lot about North Carolina but I know there's investors there seeing great success.
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21 November 2024 | 15 replies
They go over a lot of the fundamentals that I completely agree on as a high skill operator in this space.
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20 November 2024 | 4 replies
Their perception of their skills far outweighs their actual knowledge, leading to costly mistakes.The other path is paralysis: they begin to realize how much they don’t know and become stuck, afraid to make a move.
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23 November 2024 | 8 replies
Excited about learning from those doing it at a much higher level than me, and networking and educational opportunities seem excellent as well!
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24 November 2024 | 5 replies
As a general rule of thumb if the property has a ground level commercial requirement in order to show sufficient hardship to seek a residential use change the property should be located in a location that is not conducive to commercial use i.e residential street, close but not as marketable as properties located on neighborhood's primary commercial corridor etc.
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21 November 2024 | 7 replies
The only way you can break that log jam right now is severely lowered fed rates, but the level of federal debt is such that they're in a no-win situation because there's going to be little appetite these days for buying 1% fed notes from overseas.The fed rates were kept too low for too long.
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25 November 2024 | 8 replies
Also, plan on getting capacity for a level 2 electric vehicle charger and capacity for electric ovens/stoves and electric dryers.
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23 November 2024 | 1 reply
Completely renovated main level:* Demoed and redid kitchen with new appliances* Refinished floors and reglazed bathroom* Replaced the roofComplete demoed and finished the basement and landscaping* Replaced half bath with full and added 2 bedrooms* Replaced entire plumbing including sewer line* Added second washer dryer* installed stamped concrete patio and walkway plus fence* All new landscapingWhat was the outcome?
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26 November 2024 | 17 replies
There's no right or wrong way to do this, just varying levels of risk and the only proper route is the one you understand.
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21 November 2024 | 1 reply
I’m looking for connections with local property managers and realtors as well as for general information on the Rochester rental market, including cost-to-rent ratios, saturation levels, and regulations.