I am far from an expert in this field as I have been learning alot myself but cap rate does play a role in your type of business.

Hopefully, based on actual field measurements, past project data, and estimating software, your contractor can develop a detailed estimate that lays out the cost of labor and all materials for each phase of the project.

There are many tax professionals in this group that are experienced in the RE field!

Had this information been readily available in the quote (maybe using an AMB number) or on your website or during my two chat attempts or when my agent and her processor tried to call - most likely we would have gone with your services.I understand that recent events in the insurance field in CA have left everyone running around and closings right now are quite the mess - definitely an opportunity!

I’ve even seen a friend in Austin organize a simple field trip to another city..from what I’ve heard that kind of trip can spark interest in fresh markets.

One thing you can do right now: create the Furnished Finder listing with unfurnished photos, mention in the description that the property will be furnished soon, and start fielding inquiries and watching the unmatched leads section.

Larger Multifamily is currently a very overcrowded field as there are many multifamily trainers out there teaching armies of people how to buy it, who are all competing for the same deals, and sellers know it.

Hi everyone, I’m looking for advice from anyone who’s faced a similar situation or has experience in this field.

The educational system in the U S is extremely lacking in the field of business/economics if someone can write a book as simple as RDPD and have millions of people say that the simple concept of if you save money and invest it in appreciating/income producing assets you’ll be better off than if you spend it on unneeded toys has radically changed their life’s because they never knew of or heard of that concept before.  

Fast forward, and he’s fielding offers well above what he paid.. and all he did was sit on the dirt while Tesla expanded.