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23 February 2024 | 3 replies
This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?
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26 February 2024 | 58 replies
It's best to avoid engaging in any conversations with them and just handle the situation smartly, in a way that protects your interests without directly interfering with them.
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23 February 2024 | 9 replies
I have looked at them, but am having a hard time interpreting them.. they say that any individual who engages in lending that is secured my real property in a business sense (does so more more often than one isolated incident) would be considered someone who requires a mortgage banker license.
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23 February 2024 | 8 replies
The current state is that we have an architect site/plot plan and need to engage the the County to get approval.
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23 February 2024 | 8 replies
I joined last year with similar goals to you, and have learned so much since then through engaging with the community.
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22 February 2024 | 4 replies
For beginner investors exploring the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), managing reserve requirements alongside capital for new investments is a key part of the strategy.
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27 February 2024 | 2053 replies
With the understanding that it would be inappropriate to ask for your judgement call - is there are relatively simple way to dig into 162 case law so that I, as a taxpayer can decide where I fall into the liberal conservative spectrum interpretation with 162, so as to make my decision prior to engaging the discussion with CPA?
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22 February 2024 | 6 replies
My goal is simple: to engage with genuine individuals, forge connections, and mutually learn from one another.
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22 February 2024 | 7 replies
Of course, engaging with members on sites like BP too!
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22 February 2024 | 1 reply
By actively engaging in networking and forming strategic alliances, you can gain valuable insights, access to potential investment opportunities, and leverage the expertise of industry professionals.