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30 November 2024 | 0 replies
Residential: Turned 3 units with tenants moving out at lease expiration and increasing rent to market ($2,850/month).
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2 December 2024 | 35 replies
For amount, it would likely be in the $500-700k range.My expectations are to have a negative cash flow while living there, and possibly a slight negative cash flow after moving out (until interest rates lower or rents increase).
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2 December 2024 | 6 replies
We're far enough in our design process to require engineering services, so we've begun submitting RFP's to our pool of construction firms.Received more funds this week but need to increase momentum to meet our fee schedule.
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5 December 2024 | 8 replies
Of course, if you do flip it you'll want to put in nicer finishes so that would increase your rehab costs and that needs to be factored in as well.
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6 December 2024 | 25 replies
We'll eek out a 10% cash on cash but will convert a half bath to a full bath to increase the value substantially.
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7 December 2024 | 14 replies
This is with a 4.75% increase increase in occupancy.
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5 December 2024 | 554 replies
It's a valley in bitcoin's price, and the price has increased 4X since that point.
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3 December 2024 | 9 replies
After 3.5 years we have permits for a 17 unit redevelopment project.We had hopes that we would break ground within a year of buying the property....that fell by the wayside for 2 reasons:1) we had worked with the city to increase density through an affordable housing scheme that did not go as planned.
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3 December 2024 | 19 replies
Hopefully your local market is growing - population and jobs increasing.
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30 November 2024 | 6 replies
Our supply of homes for sale on the MLS has been steadily increasing for several months, so I don't anticipate that price will start to increase until later in the winter.Right now is a great time to buy, with less competition it's a lot easier to get seller concessions to cover closing costs and interest rate buy downs.