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11 December 2024 | 8 replies
I’ve also been in touch with a design team, and they’re quoting a fee of 10% of the total construction cost.
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11 December 2024 | 8 replies
Currently I have about $1M sunk into a previous business venture, so I expected I would have to pull some equity out but wanted to explore all options first.
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15 December 2024 | 7 replies
The headache of playing peacemaker between 3-5 unrelated tenants doesn't sound worth the premium management fee; not to mention rent by room generally brings in lower quality tenants which require significant more management.With that said, higher rates are pushing investors toward rent by room simply because it's the only option for cash flow (at least in Denver) which is why I have so many folks reaching out.If you currently have rent by room investments or perhaps you're a PM currently offering rent by room, I'd love to hear your feedback and any advice you may have.
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15 December 2024 | 18 replies
NonQM "shops" offer a variety of loan types, DSCR being one but they are the lower rates and fees.
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11 December 2024 | 12 replies
I would post the details in classified section and let people give you quotes I find one off borrowers focus on cost much more than serial flippers who are looking for long term relationships there is much more to finding a capital partner than who has the cheapest fees..
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11 December 2024 | 2 replies
You might find a HML hard money lender that may offer this but your going to pay a ridiculous rate and points/fee's.
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13 December 2024 | 4 replies
Why not enter into an Owner/GC contractual relationship with a negotiated fee?
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10 December 2024 | 5 replies
However, I am running into a consistent issue - currently I am using REIPro's built-in skip tracing software, but it seems a decent amount of the numbers this program pulls are disconnected or are not the right person (I.E.
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14 December 2024 | 36 replies
They charge a $10K fee and their monthly management fee is 10%.
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12 December 2024 | 2 replies
HI @Jacob KazmierskiI would suggest saving a certian % you fee comfortable with and then put the rest into a high yield savings account.