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3 August 2024 | 12 replies
I cannot see how build two, say, 1200 sq ft houses with two roofs, two foundations, presumable about 25-30% more windows and siding is going to be cheaper a duplex that might have a little extra fireblocking and soundproofing.Now, maybe your GC is thinking that detached homes tend to get higher rent than comparably sized and finished duplexes.
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6 August 2024 | 54 replies
Insurance is through the roof over the past couple of years.
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5 August 2024 | 21 replies
a lot of new investors, though, hit a big capex expense in year 1 or 2 or 3 - roof, HVAC, an expensive tenant turnover - and are just blown away that all their "cash flow" is gone.hope this gives you some things to think about - happy to answer any other questions you have.
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30 July 2024 | 0 replies
Texas- Houston.I had a roof claim which got denied 2 years back for no solid reason.
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3 August 2024 | 10 replies
This along with your roof should be one of the 1st items explored.
3 August 2024 | 4 replies
On my end, I've never asked for one even when there was quite a bit, as I buy investment properties and expect I may have to replace roofs, drywall and other things that might be moldy or contributing to it.
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2 August 2024 | 0 replies
The foundational items, roofing, HVAC, plumbing and electrical were newer and needed very minimal replacing and updating.
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1 August 2024 | 10 replies
Thank you.What aspect of syndication are you looking to learn more about?
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6 August 2024 | 29 replies
One of those provides direction, the other manages every aspect of the business to include who sweeps and mops and what paper to order for the cash registers.
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1 August 2024 | 7 replies
A trust is a more expensive route to go administratively (mostly amount of headache), but there's a good chance you don't really need an LLC anyway as you may not get the limited liability aspect depending on how you operate the properties.