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18 January 2025 | 4 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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26 January 2025 | 17 replies
I own a 30-unit community and found it much easier and more cost effective than the 1-4 family and flips that I was doing before that acquisition.
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19 January 2025 | 269 replies
This also costs 200-300 EUR depending on what's included.
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14 January 2025 | 3 replies
It was a huge investment, but it cut the electricity cost by the full 2K per/mo all summer.
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19 January 2025 | 51 replies
When I have some free time, I'll research other options that won't cost a fortune for the small guy.
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18 January 2025 | 5 replies
- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year...
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15 January 2025 | 6 replies
Seller Pre-Sale Financing: Consider selling the tenant-occupied property "as-is" now to an investor, perhaps at a slight discount, which could save time and eliminate renovation costs.
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14 January 2025 | 19 replies
I guess it triggers the "sunken cost fallacy" part of their brain.
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21 January 2025 | 8 replies
If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/ Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.
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13 January 2025 | 1 reply
Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.