
23 August 2024 | 10 replies
This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that can be alot of work (and a full-time job if you are putting in sweat equity).

21 August 2024 | 5 replies
@Kent KettellThe advantage of leverage is that it lets you extend your purchasing power.

22 August 2024 | 3 replies
So, with that said, if you followed that concept, it would depend on whether you were responsible for the electricity currently.

18 August 2024 | 6 replies
As an investor friendly real estate broker focused on Oregon Coast STR vacation rentals for sale, these are the testimonials that affirm how powerful of a resource and community Bigger Pockets truly is.

21 August 2024 | 3 replies
Transactional funding definitely seems like a powerful tool for quick flips.

22 August 2024 | 17 replies
I mean, if I co-sign, then does it give me any power to sell one of his land there to recoup money and rest goes to him?

21 August 2024 | 9 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

18 August 2024 | 28 replies
Means, they draw significantly less electricity to cool or heat than an electric-powered HVAC unit.

21 August 2024 | 9 replies
So many successful investors come from the construction/carpentry/plumbing/electrical industry because it was there advantage.

21 August 2024 | 0 replies
This project, along with the new battery manufacturing plants from Envision AESC in Bowling Green and BASF in Shelbyville, is set to create thousands of new jobs and position Kentucky as a leader in the electric vehicle (EV) sector.