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1 August 2024 | 5 replies
Outside of real estate, my day job is a Product Manager at PwC.
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31 July 2024 | 40 replies
The other half is: excellent finished product design and management at a reasonable cost.
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1 August 2024 | 1 reply
Also, standard home products give 30 days for the dwelling to beoccupied :) Mycolleague is a great agent and he's in Utah!
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1 August 2024 | 30 replies
We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.
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1 August 2024 | 5 replies
Lender Fees $1,640.00Discount Points $4,680.00Appraisal Fees $825.00Credit Report Fee $25.00Tax Service $68.00Credit Technology and Verification Fee $75.00Title Fees $836.50Owner's Title Insurance $513.00Lender's Title Insurance $2,507.00Transfer Taxes $9,626.00Recording Fees $519.50Total Closing Costs $21,315.00Prepaid Interest 2 days @ $87.53 /day $175.061 year Insurance Premium $1,500.00Property Taxes $3,632.04Insurance Escrow Reserves 2 months @ $125.00 /month $250.00Tax Escrow Reserves 2 months @ $302.67 /month $605.34Total Loan Prepaids $6,162.44Down Payment $90,000.00Total Estimated Due at Closing $117,477.44Loan ProgramPurchase Price $450,000.00Total Loan Amount $360,000.00Interest Rate 8.875%APR 8.337%Product Indigo Edge NonQM 30 Yr FixedYour Monthly housing breakdownPrincipal & Interest: $2,864.32Insurance: $125.00Taxes: $302.67TOTAL $3,291.99
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1 August 2024 | 9 replies
I am turning 18 in less than 3 weeks and can say I have been a business owner throughout my high school journey, from small local hustles to building products in my basement to sell online.I am an aspiring Real Estate investor reading many books and conducting hours of research hoping to build an impressive real estate portfolio in the future!
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1 August 2024 | 11 replies
I don't see it. 30 Day Stay https://store.biggerpockets.com/products/30-day-stay
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6 August 2024 | 49 replies
Didn’t talk to me about the product or service as the advertisement claimed it was all about the consumer and being helpful, providing value, etc.
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1 August 2024 | 12 replies
You will certainly run into challenges that you did not anticipate and it is great to have a responsive and helpful lender partner.Naturally you will want to find a product with competitive pricing and leverage, though keep in mind first time investors do not always qualify for the lowest pricing.
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1 August 2024 | 4 replies
Travis I'm a handyman in Orgeron and I would say you are looking at 25k to 30k as a guide line .Depending on the quality of products you choose, don't cheap on flooring or anything that is done in the wall.Provide refrigerator and stove only un less you go with over the stove microwave.