15 October 2024 | 69 replies
Construction can have unforseen costs, construction loans for rounds of funding can be more expensive over time, rent markets can drop, vacancies in market can increase.Typically entitlement phase of land most risk, followed by development, followed by vacant building turn around, followed by half vacant building, followed by mainly full building with value add component, followed by brand new building with market or below in place rents and everything new with good location.Along that spectrum of course you go from heavy equity upside potential to mainly just the cash flow return and hopefully price appreciation over time.Investors have to decide on the spectrum of their risk assessment to capital over what period of time how they will allocate between all one type of investment or multiple and what percentages.

11 October 2024 | 3 replies
A South Korean company that supplies Tesla is inching closer to a transformative project - codenamed "Project Motion Forward" south of Austin that could make the company Buda's largest private-sector employer.Futronic's potential project is part of the continued "Tesla effect," referring to how electric vehicle suppliers have flocked to the region in response to Tesla's mammoth presence in eastern Travis County where the Elon Musk-led company has a huge factory and headquarters.

16 October 2024 | 22 replies
Also a lot of the hard money lenders these days from 1st time flipper want to see that you have about $50,000 liquid to weather any storms, like supply chain issues from Long Shoremen's strike.

18 October 2024 | 37 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.

13 October 2024 | 12 replies
A plumber told me that the primary difference between rheem product warranties was the size of anode supplied with the water heater.

12 October 2024 | 0 replies
Purchase price: $36,000 Cash invested: $15,000 Bought at auction in Portland, Maine.

12 October 2024 | 15 replies
If it's not in the contract, why would you think they must supply it?

14 October 2024 | 8 replies
Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

20 October 2024 | 84 replies
The main argument against it is that you could use that money to continue investing and make a better return, but if you aren't going to use it for investing anyway and it helps you sleep at night go for it.

11 October 2024 | 4 replies
Apartment demand in the Phoenix area is high, the demand far exceeds supply at least for the product mix I have under management.