
16 August 2024 | 277 replies
@Yosef Lee and @Adrian FajardoSorry I was MIA--I live in Houston and we had no power for half of last week and no internet until this past Saturday--just now getting caught back up--missed a lot in my unplanned week off the grid!

13 August 2024 | 24 replies
We can give thanks to the current powers that be for the high rate.

12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

12 August 2024 | 6 replies
The bank that foreclosued turned off the electric the punp stopped working and there was about 2-3 feet of water in the finiahed basement for about 3 years.

12 August 2024 | 39 replies
If it is ok for the government to give the tax benefits, then shouldn't they also have the power to take them away?

12 August 2024 | 1 reply
How Lower Rates Could Influence the Housing MarketLower mortgage rates can enhance the purchasing power of prospective homebuyers, making homeownership more accessible.
15 August 2024 | 33 replies
Given your current savings and monthly savings rate, you're in a strong position to start your journey.BRRRR StrategyThe BRRRR method is a powerful way to build your real estate portfolio by leveraging your initial investment to acquire more properties over time.Cleveland vs.

15 August 2024 | 29 replies
For example, roofing, painting, cabinets, flooring, electrical, plumbing, HVAC, etc.

12 August 2024 | 19 replies
We have all the tools and all the power.

11 August 2024 | 13 replies
I just stop talking and just followed and spoke when spoken to And he low balled me Mind you i have a new kitchen new bathroom room all new plumbing and electrical i gutted this house to the studs and my house is almost $40k lower if sold at this price cheaper then lowest house over here that sold