Sandra Sanchez
New to Wholesaling: Finding the Right Deal
19 March 2024 | 9 replies
a good deal for a SFH flip would be the buyer being ALL IN at absolute max 80% of the ARV (including the PP, renovations, assignment fee, closing costs), but a lot of investors would say it has to be max 75%, 70%, maybe even 65%. that said, shoot for 65%, and know your renovation costs. i've used $65/sqft for a gut reno, and until proven otherwise i'm assuming it's a gut job, BUT that PPSF is not always accurate, sometimes there are unique issues with the property that would drive that number way up. it gives you a place to start, though.
Ethan Swat
Golf simulator added amenity for STR
18 March 2024 | 17 replies
Take all your top competitors' reviews and have ChatGPT analyze them for amenities and see if it would be unique to you.
Chris C.
Million dollar deal!
19 March 2024 | 5 replies
Contacts I've have and done deals with I reach out to when a big client is looking for something specific and has a unique set of problems that require some work to solve but have a big upside when you know the process from A-Z and how optimize a deal.
Robert Mendenhall
Rules for appreciating markets
19 March 2024 | 15 replies
@Robert Mendenhall I feel like Columbus is a uniquely positioned market right now.
Fred Kahn
Is using Turbo Tax ok for rental properties
18 March 2024 | 9 replies
it's possible but unlikely. a great CPA who specializes in REI will be able to help you plan AHEAD for tax time and use different pieces of the tax code to your advantage, based on your unique situation, and ultimately save you way more in the long run. would you rather pay $750 to have a return done & get a $5,000 return, or pay $30 to have a return done and owe $5,000?
Daniella Spears
Tenant running barber shop out of home
18 March 2024 | 10 replies
Is it a unique setting?
Ken Weiner
Anderson Business Advisors
20 March 2024 | 193 replies
I gathered all my notes in a 50+ pages document touching on formation and maintenance of LLC and business structures, transferring assets, protection strategies, trusts, anonymity, insurance, levels of protection, etc. including when you should do it, how many properties per LLC, due on sale clause, selecting an attorney, fees, checklists and resource materials.There is no absolute answer and unique tool/strategy in anything real estate.
Priscilla Rodriguez
New Investor in Orlando area
18 March 2024 | 10 replies
I've navigated similar paths and found that each offers unique challenges and rewards.
Drew Smith
Security Claim Letter with $0 Security Depsoit
18 March 2024 | 13 replies
I say that because after some research on division of corporations website both companies have the same address and registered agent name.
David Pearl
Cash out refi for Airbnb farmhouse retreat
18 March 2024 | 11 replies
Your property sounds to be more unique, therefor likely making it challenging to find acceptable comps. if the property is common for the area, it's likely this could be a non-issue with the right lender.