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23 May 2024 | 52 replies
We had issues where they backed out because the water was brown (old supply lines) but it was only brown because the property was vacant and it isn't a real issue, mostly a street side problem.
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22 May 2024 | 74 replies
BREIT by blackstone is private, not publicly traded, and is only sold by blackstone chosen financial advisors, it has 4 different class shares and most have huge load fees (1.5-3.5%) and yearly AUM fees (1.25%), and if you sell <12 months from any share purchase they charge you an exit fee of 2% of NAV price , so be careful with that oneI've invested in many syndications for passivity/market beating returns/tax benefits currency debasement running at 15% a year since GFC(2008), (ie M2 money supply growth) so you have to get >15% just to tread water in USA now
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20 May 2024 | 6 replies
The reason home prices have continued to increase in Jacksonville and in most markets across the country is because of the lack of supply.
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20 May 2024 | 18 replies
That included sandpaper the stain the finish and all supplies a couple of pizzas.
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20 May 2024 | 21 replies
From my experience, HD Supply Home Improvement Solutions was considerably inexpensive compared to anywhere, even Lowes and Home Depot.
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21 May 2024 | 48 replies
You have 30 days (in most states) NO NEVER supply appliances (OH you do not have to) Why?
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23 May 2024 | 35 replies
(The rail that supplies the high voltage to power a train on an electric railway.)I'm not even sure where to start – first I am not an attorney, I didn’t attend law school, I “Lived” Law (experience) It’s not theoretical to me. ;-)I’ve only done Creative Finance Deals.
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22 May 2024 | 30 replies
Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Payroll & payroll taxesBusiness income tax preparation and paymentsLabor: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...
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20 May 2024 | 4 replies
In the Reno, NV market prices are continuing to rise because there is still a shortage of housing supply and there are very few building start.
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20 May 2024 | 5 replies
Properties that can be quickly renovated and put back on the market are likely to capture this existing demand.28305 though experiencing a slight decline in inventory, saw an increase in sales, particularly in larger homes, suggesting that despite lower availability, demand remains robust.Potential Saturation Challenges: Despite a surge in single-family home permits, areas like 28303 and 28304 may grapple with market saturation, necessitating strategic flipping approaches to navigate fluctuations in supply and demand.Recommendations:Emphasize nimble, smaller-scale flips in areas like 28303 and 28304 to mitigate risks associated with potential market saturation.Average Sale TimeZipApr 2023Apr 2024CHANGE2830156 Days30 Days-47.00%2830361 Days33 Days-45.80%2830450 Days17 Days-64.80%2830576 Days39 Days-48.30%2830672 Days30 Days-57.70%2831169 Days34 Days-49.90%28312124 Days51 Days-58.80%2831451 Days23 Days-55.00%28303: Focus on 2 to 3-bedroom houses, as these are currently experiencing robust growth in sales prices and demand.