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17 December 2024 | 36 replies
Where as same investor buys a stock or mutual fund that tanks and they just chalk it up.. to me there is an irrational thought process that you cant lose money on RE..
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17 December 2024 | 4 replies
I am bleeding funds and I need to act quickly.
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14 December 2024 | 2 replies
For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.
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16 December 2024 | 12 replies
Build your home criteria based on investment goals, risk profile, returns desired, holding timeline.
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24 December 2024 | 25 replies
It's crazy to think some RE agents are suggesting owners to put their houses up cause fed funds reduced, they completely misunderstand but I let the market do what it does-- market.
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17 December 2024 | 8 replies
Hi @Leon Jamison,I can recommend my contractor. my project was $420K, 7months, funded through 203K. we went slightly over schedule (10months),mainly due to a few failed/ repeat inspections, but we were able ton finish under budget.TBH, Im actually doing a second multi family reno project in the heights, New York Ave with the same contractor beginning March 2025.Anyways, you're bound to have issues when working with any contractor.
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16 December 2024 | 11 replies
With investment properties, you can typically borrow up to 75% of the appraised value - significant funds if the $245,000 estimate holds.
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18 December 2024 | 11 replies
We have been keeping it as office use until we get our construction financing set up along with all of the other funding sources.
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20 December 2024 | 28 replies
Quote from @Stuart Udis: @Satyajeet Dodia You are the latest to pay for their alarmist asset protection service provider's holiday vacations and children's college funds.
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14 December 2024 | 22 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.