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10 September 2024 | 0 replies
Ensure that your platform profiles have high-quality pictures, compelling bios, lead magnets (e.g., free guides, eBooks), and clear calls to action.
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16 September 2024 | 43 replies
Also we “Pruned” our assets and moved up in quality and future embedded development profit. Â
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10 September 2024 | 1 reply
Here’s the situation:Key Project Details:•Property Size (pre-renovation): 250 sq. meters (2500 sq. feet)•Purchase Price: 250,000 EUR (1,000 EUR/sq. meter)•Renovation Costs: 750 EUR/sq. meter (includes kitchen, appliances, quality furnishings)• Loan costs (during renovation and renting): 350 sq. meters (due to attic expansion)•Property Size (post-renovation): 350 sq. meters (due to attic expansion)•Post-Renovation Layout: 2 separate apartments•Airbnb Income (24 months): 2,500 EUR/month/apartment (= 5,000 EUR/month)• Other running costs: 600 EUR/month•Projected Sale Price (after 2-3 years): 850,000 EUR (approx. 2,500 EUR/sq. meter)•Closing Costs: Negligible in Tbilisi•Real Estate Agent’s Fee: Typically 3%, but negotiable based on who hires themFinancing Setup:•Property Purchase Financing: 100% bank financing at 5.9% interest (bank has even financed 150% to cover some renovation costs in the past)•Renovation Financing: Our friend is offering to finance 250,000 EUR in cash for the renovationsProposed Partnership Structure:•Work Involved (on our side): Full renovation (10-12 months to complete), furnishing, and property management through Airbnb until the sale (2-3 years)•Profit Split Proposal: 60% (us) / 40% (friend providing renovation financing)Questions for the Community:1.Does the proposed profit split (60/40) seem fair, given the work we would handle (renovation, furnishing, property management)?
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9 September 2024 | 10 replies
The other air quality issues are mold, lead paint and rodent feces.
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11 September 2024 | 18 replies
If the replacement included upgrading the fence significantly (for example, replacing it with more durable or higher-quality materials), it may be classified as an improvement.
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8 September 2024 | 18 replies
The cost of furnish an average size house could be as low as $5,000, if you are smart and go with high quality used furnishings like John said.
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9 September 2024 | 9 replies
Are their listings detailed with good-quality photos?
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9 September 2024 | 3 replies
I handled this by building a network of trusted professionals and always having backup options in case someone couldn’t deliver on time.Striking the right balance between quality work and sticking to the budget is tough.
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7 September 2024 | 15 replies
The market is plentiful for quality virtual assistants.
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8 September 2024 | 101 replies
The property quality matters.