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29 January 2025 | 25 replies
And they’ve cost me alone well over $30k in damages and lost rent thanks to their complete negligence.
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22 January 2025 | 22 replies
Your net gain is your net sale, minus your adjust cost basis.
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
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27 January 2025 | 6 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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27 January 2025 | 4 replies
In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.
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14 January 2025 | 25 replies
Usually you can negotiate it for a few thousand and buying new costs about $20/ft.
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11 February 2025 | 20 replies
Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.
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28 January 2025 | 22 replies
For your first BRRRR, plan for extra in your rehab budget—unexpected costs happen.
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30 January 2025 | 12 replies
I'm not sure about other neighborhoods in Cincinnati but my properties' area (Mt Healthy) just introduced a City Rental Registration, starting 2025, that costs $100.
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23 January 2025 | 20 replies
My cost they said i could do $2,000 up front and then next couple months more payments with cold calling they offer and fee would be $9,800 plus the cold callers Virtual assisant that would be working with me.