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24 November 2024 | 5 replies
Most municipalities have different mix-use categories which dictate the precise commercial use that's allowed.A few additional observations on mix-use assets and how I approach them (1) they are generally more difficult to finance than multi-family assets so expect lower leverage terms even if the property performs just as well if not better than a multi-family property and therefore price this into your acquisition (2) I focus on mix-use assets where at least 80% of the income is generated through the residential component.
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22 November 2024 | 9 replies
For a business doing fix and flips, I can't see how any tax savings can outweigh the additional leverages and costs of vesting this way.Cheers!
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22 November 2024 | 5 replies
I know from experience financing additional tiny homes (not sure if you're looking to do this) can be difficult without having someone that has previous ground-up construction experience.
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21 November 2024 | 3 replies
Additionally, I'm interested in understanding typical STR fees to help estimate cash flow.If anyone is willing to share their experiences or offer advice, I would greatly appreciate it.
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26 November 2024 | 31 replies
And still, for others, the answer may be to relocate the funds to another market and purchase additional properties.
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22 November 2024 | 2 replies
We'd be interested in taking a look and providing an additional opinion to the offers you may be getting.
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21 November 2024 | 1 reply
To fund additional investments, consider side income, creative financing or creating a timeline with your co-owner for converting property B into a rental to generate cash flow.
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1 December 2024 | 134 replies
Lol.....Maybe I should develop a business model that installs them...for a slight additional fee.
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22 November 2024 | 20 replies
In addition, the wrong people will destroy things and there could be high theft.
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23 November 2024 | 1 reply
Long story short, I spent about 3 months figuring out how to make half-decent drawings and refining and adjusting them to code.We started work on the basement at the end of May with Minh and by the middle of September the basement was transformed into a luxurious 2/1.That still left a lot of landscaping work, but my wife and I tackled that over the next 3-4 weeks in addition to the furnishing.