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3 February 2025 | 3 replies
The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.
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21 January 2025 | 20 replies
That’s how the wealthy do it with real estate or businesses.
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13 February 2025 | 8 replies
You'll find that rental property investing isn't scary at all and a great property manager can actually save you more money than they will cost!
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13 February 2025 | 9 replies
We are starting the process of dissolving our investment business (LLC) that has two partners.
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28 January 2025 | 19 replies
Now she's starting her own Interior Design business and has become entrepreneurial.
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17 January 2025 | 12 replies
I have filled a complaint against him with the Better Business Bureau and the NJ State Attorney General.
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17 February 2025 | 11 replies
I usually use the FMRs for the area as a minimum rent, but if you can attract non-S8 tenants, that works too.Can you share any numbers on the opportunity: purchase price/door, any rehab costs, ARV?
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20 January 2025 | 11 replies
A formal business built on this seems overkill as you’re essentially paying someone for a service that already has standard model.If you and the parnter have distinct business tasks/abilities (i.e. not what you would hire an agent or contractor for), such as off-market lead generation, that’s a different discussion.
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30 January 2025 | 4 replies
Turbotax isn't going to educate you so unless you'd like to educate yourself and potentially make some costly pitfalls, then I'd outsource.