Devin James
Time is of the essence - Im currently learning an expensive lesson
22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
Ryan Kane
Need Advice on Next Steps for my Real Estate Portfolio
26 January 2025 | 5 replies
Never fully trust anyone that isn't willing to share the negative aspects of all this.As I'm sure you've experienced, this can be a very rewarding path to take and depending on your grit and determination, overcoming all the pitfalls are well worth the effort.Cheers and drive safe!
Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
26 January 2025 | 2 replies
This will vary depending on if a handyman can do the job or a licensed contractor is needed.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
Michael Mulroy
Rehab and Rent, or Sell?
3 January 2025 | 12 replies
Whether you fix it up or sell it as is depends on what your market dictates.
Praveen Kumar
Rent to retirement
1 February 2025 | 9 replies
thanks for your time and help rent to retirement works directly with build to rent developers like us around the country once they are framed up. you are buying properties pretty much at market value but with a hand holding. you can work directly with a builder or directly with them. they are just an intermediary. they take 5% on what we make as a builder but have a large list of investors and a systemized approach to selling new builds. if you want to get a better deal I'd recommend directly contacting builders and building it yourself. fly to the market. spend 2 days, tour new builds, get a feeling for how it's going. if your builder isn't building multiple at a time then I wouldn't recommend working with them. rent to retirement is a well oiled and well run machine. they've had their ups and downs with dozens of transactions in florida but modified their process. they are well known and established and transparent. if you have a more specific market and feel confident in your ability to vet deals try it out. happy to talk more my info is in my signature. we work directly with them to sell new builds and no organization is perfect but I have good things to say about them as a builder and potential build to rent developer that sells build to rent triplexes and single family homes through them to end buyers in California like the Bay Area, Los Angeles, and San Diego
Nick M.
Scam/fake inquiry of vrbo property ??
31 January 2025 | 26 replies
Scams will still come your way but you'll build experience and confidence.
India H.
203k Rehab Loan & Down Payment Assistance
24 January 2025 | 3 replies
Ultimately though, it will depend on the lender and the availability of funds (assistance) available for the demographic area that you are purchasing in.Do you have a property that you are looking at?
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
I’m hoping this meet up will help get a better understanding of what markets are good and not good depending on my strategy in central Florida.
Reno Philip
Connecting with other Houston investors
10 January 2025 | 15 replies
I learned a ton of valuable info from my first rental and it gave me even more confidence to turn things up.