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4 March 2020 | 9 replies
The higher end flip market is soft and new first time home buyers are all maxing out on there pre-approvals.
7 March 2020 | 43 replies
When I could buy them for 80 cents a pop, N95 disposable respirators were a great convenience choice for me.Since Zinsser shellac has a VOC rating of anywhere from 630-720 g/L, yeah, I always wear organic vapor cartridges when I brush or spray it.
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7 March 2020 | 6 replies
Let me know if I am missing anything.Purchase cost of an old house on a 7,000 sq ft lot - $ 1,800,000Architect Fees - $ 30,000Other Soft Fees (like Permits) - $ 45,000Construction (3,000 Sq Ft) - $ 700,000Finance Costs(Borrowing around $1.4 m for 2 years - $ 110,000as primary residence mortgage)Selling Costs (5% of $3.3 mil) - $ 165,000------------------------------------------------------------------------------------Total Costs - $ 2,850,000Selling Price - $ 3,300,000Profit - $ 450,000Are these realistic?
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5 March 2020 | 3 replies
Let me know if I am missing anything.Purchase cost of an old house on a 7,000 sq ft lot - $ 1,800,000Architect Fees - $ 30,000Other Soft Fees (like Permits) - $ 45,000Construction (3,000 Sq Ft) - $ 700,000Finance Costs(Borrowing around $1.4 m for 2 years - $ 110,000as primary residence mortgage)Selling Costs (5% of $3.3 mil) - $ 165,000------------------------------------------------------------------------------------Total Costs - $ 2,850,000Selling Price - $ 3,300,000Profit - $ 450,000Are these realistic?
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10 March 2020 | 10 replies
It is ALWAYS better to leave it out the soft cost items so the "owner supply the material for finishes".
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7 March 2020 | 11 replies
@Darshil Parikh Like @Jaron Walling said this won't cash flow. if this is a buy and hold you have to take the soft cost in account.
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11 March 2020 | 11 replies
Paint the cabinets, inexpensive granite or quartz countertop, tile backsplash (if the budget works), matching handles and light fixtures (I like brushed nickel).
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28 March 2020 | 27 replies
My oldest is a new one. 1989We had a brush fire on Clabo Mtn a few months ago now and that was so so scary.
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22 March 2020 | 6 replies
This could lead to longer time on market and softness in home prices in the upper price segments.
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30 November 2020 | 435 replies
not so now.lets prey for a soft landing in all this.