Joseph Chacko vellukunnel
Rookie investor exploring a multi family in jersey city heights
17 December 2024 | 8 replies
(Some helpful benchmarks: Kitchens Stay under 17K-20K with materials/labor, bathrooms stay under 8K with materials/labor, Flooring stay around 2.50 per sq ft for labor., Paint try to stay under 4K-5K)Hope this helps, let me know if you need anything..Cheers!
David Martoyan
Rethinking ARV: Creative Approaches to Finding Deals in Today's Market
24 December 2024 | 4 replies
So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.
Jake Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
I could not myself perform the technical labor as I lack the know how, but what I could do was help boost moral.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
They then decided to scale, hired Joe Namath as a spokesperson (I know, right there that’s the sign this was headed for disaster) and went around the country drumming up interest in investing in their newly formed REITs.
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
Quote from @Joe S.: Quote from @Bryan Maddex: @Alex Hall Wow, it is almost fun to watch these posts go totally away from trying to help you into all kinds of different rabbit holes!
Robert Liu
New build with delta build services in Cape Coral
21 January 2025 | 64 replies
I'm hoping things move a little more quickly once things go vertical as I heard getting slab poured is the longest wait but I'm assuming there is a labor/material shortage in general in the area so wasn't sure of people's timelines once slab has been poured?
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
I actually worked for a house flipper over the last year and I am pretty sure I made more then him as his laborer after 5 flips.
Wade Hoffman
First fix and flip
14 December 2024 | 2 replies
For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.
Brady Morgan
Securities Based Lending for Low Interest Rate
17 January 2025 | 19 replies
I also have a friend/sub-contractor with 40 years experience in all areas of construction who works with me on most of my deals for low cost labor.
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
Okay, let's say Joe hates Bob, Joe knows Bob has mortgage problems.