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12 January 2025 | 1 reply
It also features a minisplit HVAC system and PVC exterior covering.We plan to market it as a vacation rental, given its potential appeal to eco-conscious travelers and those looking for a distinctive getaway experience.I’m reaching out to see if anyone has experience with selling or financing geodesic domes.
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11 January 2025 | 9 replies
In 2025 I plan on purchasing my first home.
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12 January 2025 | 2 replies
If you have a focused plan and prepared questions you can learn a lot in an hour.
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11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
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13 January 2025 | 31 replies
Learn from your family and on your own by going to different meet-ups and having conversations with agents, other investors and anyone else in the industry to hear about their experiences.Make 2025 a year of planning and how you will go about that plan.
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9 January 2025 | 32 replies
ThanksThere are no plan to sell any real estate in the near term.
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14 January 2025 | 11 replies
Been trying to get a few quotes since my plans are submitted and waiting.
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2 January 2025 | 12 replies
If it's in a high tax /flood area taxes and insurance could easily be 5-6k or half that then with title insurance points and closing it could make senseWhat is the breakdown ?
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8 January 2025 | 14 replies
Not that that is a bad thing as some are on lower comp plans but they are at the mercy of all having "overlays" and have to sell their loans.
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10 January 2025 | 1 reply
Hey Helena, I know we've already chatted but you should check out this BP thread about us:https://www.biggerpockets.com/forums/311/topics/1184140-plan...