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21 February 2025 | 22 replies
Debt Funds – Some lenders focusing on fix-and-flip portfolios have blanket loans or credit facilities designed for volume investors.
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21 February 2025 | 13 replies
For example, you could use sold price/sq ft as your "group" and designate "<$50/sq ft" as one group, "$50-70/sq ft" as another group, etc.
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7 February 2025 | 8 replies
However, it’s also a requirement for properties with lower-level units that could be vulnerable to flooding, even if those properties are not located in a designated flood zone."
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4 February 2025 | 11 replies
My wife sells them and does the interior designs etc.
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6 February 2025 | 0 replies
For projects with 150 or fewer units, the city has 60 days for eligibility review and 90 days for final approval, including design review.
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12 February 2025 | 8 replies
A garage conversion, however, may not be subject to the same level of scrutiny.Parking Considerations – Parking is becoming increasingly valuable, especially with the rise of high-density micro-units that often lack designated parking.
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4 February 2025 | 4 replies
Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.
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4 February 2025 | 1 reply
Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?
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18 February 2025 | 17 replies
I have a furnishing and design team to help out if you’re not wanting to come down personally and I also co-host at a discounted rate for my clients.
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24 February 2025 | 36 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.