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17 January 2025 | 7 replies
They’ll let you know if everything looks up to code or if there are issues to fix.Then, head to the local building department and apply for the permits.
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10 January 2025 | 7 replies
How long did it take to complete those first three builds?
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17 January 2025 | 23 replies
Seems like it'd be lower maintenance since it's a new build and in a nice area.
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14 January 2025 | 3 replies
Over 2K a month in costs savings to the building.
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16 January 2025 | 10 replies
If you manage to get this off the ground and do some verified - meaning paperwork is in your name, or company's name, etc - projects that turn a profit, and you build some capital in a bank, you should be able to go right to that lender after a year or two and start a relationship no problem.
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31 December 2024 | 4 replies
Points I can roll into the cost and don't mind a buy down if necessary.My primary concern is the bleed rate monthly for the build, Airbnb stabilization and the year after while we season it and prep for final financing for long term hold.
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16 January 2025 | 5 replies
I feel my money is best spent building a portfolio of cash flowing units.
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18 January 2025 | 17 replies
We manage 275 residential properties with the majority of those in Sherman/Denison so I feel uniquely qualified to chime in.Generally speaking, 3 to 4 bedrooms are the most popular and for a new build, they will lease anwhere between $1600 - $2200 depending on the area, size and amenities.
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15 January 2025 | 6 replies
I’m drawn to the endless opportunities the Texas market offers and am committed to building my knowledge and skills to make smart, strategic investments.Right now, I’m focused on understanding the basics—everything from evaluating properties and navigating financing to learning about the unique aspects of the Texas real estate market.
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17 January 2025 | 17 replies
Joining investor meetups in your area can also help you build relationships with experienced investors who may offer mentorship or even potential partnerships.Finally, don’t underestimate the power of letting people know your plans.