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18 February 2025 | 21 replies
Your home needs to be in good shape (sounds like it is) and very competitively priced in order to have the few looking choose it instead of another option.
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28 January 2025 | 5 replies
My two favorite loan options for getting started are the FHA 203k or the Fannie May Home Style.
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22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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23 January 2025 | 10 replies
I have 30+ units and on a regular month usually only spend about 5 hours total on management things, most of which involves collecting rents and bookkeeping.
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12 January 2025 | 23 replies
Also, think about creative financing, seller financing and sub to can also be options to grow your portfolio.
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29 January 2025 | 2 replies
If they Counter, you have the same 3 options to respond.
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28 January 2025 | 2 replies
Albany, Syracuse, Utica, OH, PA, etc.) for cashflow.The challenge in these markets is that demand is through the roof, and many properties either sell at the asking price or above the asking price (Suffolk's sale price average was 1.5% ABOVE the asking price).If I were in your shoes, I'd explore local and remote multi-family options before considering the mid-term rental route.All the best!
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9 January 2025 | 16 replies
We estimate the project will take less than 3 months to complete.I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.Thank you in advance for your insights and assistance!
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26 January 2025 | 3 replies
I really like Lease to own option to get into deals without having to take on massive debt.