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30 July 2024 | 2 replies
If so, what is a common percentage range?
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30 July 2024 | 7 replies
Minimum home value of $400k (or a specified min/max range.
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1 August 2024 | 23 replies
I have to explain to the the capital requirements to acquire an asset like that which would be 60k+.For projects under 100k purchase acquired at 80% leverage you can figure needing 25k - 30k in liquidity for all the costs of the life cycle of the project.If you start acquiring in that 150k range, that lifecycle can go to 40k/50k needed to make sure you can handle the down payment, closing costs, holding costs, any miscellaneous costs that pop up and then still have a cushion in the account cause you never wanna be down to you last dollar.One of the first questions I ask new clients is what kind of capital do they have behind them, because that number will determine market and asset class.
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28 July 2024 | 4 replies
County recorded documents are necessary and sufficient, IMO, and until blockchain technology can show a better, faster, cheaper alternative, it is a non-starter.
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29 July 2024 | 3 replies
Then make sure you have sufficient reserves for emergency repairs.
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30 July 2024 | 8 replies
My yearly increase is typically in the 1-3% range maybe up to 5% max.
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29 July 2024 | 7 replies
Initial thoughts was this is expensive but I have multiple GCs in the 400k range.
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29 July 2024 | 5 replies
Hi Brandon,It's likely more effective to look for private lenders at those ranges as most investors buy cash or use private money at those ranges.
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29 July 2024 | 14 replies
I am just curious for those that have a Schlage Encode lock, have you seen it start going online and offline, especially during very cold weather.The weather at the lakehouse had been in the -15 to -25 range for about a week or so and the lock would go on and offline every hour to 3 hours.
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1 August 2024 | 33 replies
You've got a wide range of responses already here and it most certainly depends on your market!