Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
Regarding insurance adding additional umbrella insurance is great idea.
Preet Oberoi
Multi-family construction opportunity with no construction experience
23 January 2025 | 2 replies
There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
Tribes might even provide additional incentives, like grants or infrastructure funding, to encourage investment.
Justin Brin
Where is everyone moving to?
29 January 2025 | 10 replies
Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.
Leonard La Rocca III
How Much Needed to Buy 200K Property ALL INl?
30 January 2025 | 8 replies
May or may not work because everything is negotiable, but it's worth a shot.Maybe prices are a lot higher up there, but I spend about $550 for a full inspection and wood destroying insect report and then do additional inspections if I feel the need to.
Ernest Ho
Emotional Support Animal / Service Animal
19 January 2025 | 18 replies
When it comes to housing, the FHA rules apply in addition to those of your state/city.
Luke Hamlin
Equity/Financing an Investment Property
29 January 2025 | 3 replies
In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.
Julie Muse
Outlook St: Quick Flip Success in Mission, KS!
13 January 2025 | 1 reply
Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
Section 8 would tend to carry higher repair and as a result, additional vacancy.OP’s definition of cash flow is rent minus piti.