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2 February 2025 | 9 replies
Rents seem high and in demand as well.
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3 February 2025 | 3 replies
The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.
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17 January 2025 | 19 replies
I am currently working on starting a youtube channel that will teach what I have learned in becoming a builder, along with following some of my builds start to finish.
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6 February 2025 | 9 replies
We have had to walk away from some decent deals because rates were too high to make the numbers work.
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1 February 2025 | 1 reply
A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.
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17 January 2025 | 5 replies
Absolutely, the passive income from owning rentals is great but I also love getting into big projects and seeing the transformation from start to finish@David Jesperson What city/market are you looking to buy and what type of properties are you looking for, SF, 2-4 MF, or 5+ MF?
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3 February 2025 | 79 replies
I still remember working until 2:00 am on a Saturday night to finish an apartment.
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27 January 2025 | 10 replies
Quote from @Michael Daniel: Purchase price 70k currently renting for 900 ARV between 110 - 140k need about 25k in repairs in my opinion@Michael Daniel Do you think you can raise the rent after the finish the rehab?
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30 January 2025 | 3 replies
Is this normal cost or high?
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4 February 2025 | 38 replies
@Jay Hinrichs which BTW, 6% is high.