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25 June 2024 | 8 replies
In any case, I attach below a screenshoot of the seasonality page for Fresno, CA.You can see that the demand is higher in the summer than in the winter season.
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26 June 2024 | 2 replies
Our house is fully booked for the season through mid August.
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26 June 2024 | 4 replies
April and May are traditionally when sellers give up selling because season is over and most of the buyer's head back up north.
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27 June 2024 | 28 replies
Thanks for the kind words @Greg Srader and for sharing your insights here - those are some awesome lessons that a lot of new players can learn from.
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26 June 2024 | 12 replies
@Ivana Timmers There are some big players in wholesaling down here in SJ.
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28 June 2024 | 100 replies
- personally at SMARTLAND as experienced heavy lift multifamily operators - it is a complex process and requires a team, time and skill - Yes, you can lift a property and value moderlty quickly if you have the right tools and process in place, no doubt, but you have to also have the correct financing tools in place and appropriate cost-basis to withstand turbulence along the way - (no straight path) - the short term mezz loans into this constricted/constrained lending environment is tough, even more tough with raising cap rates, market repricing = requires more time to season and continue to hold, unfortunatley as we have discuss to the max on this forum time was not on this operators side with the short term adjustable mezz loan -**Pref Equity has entered many deals in the past 18 months advance of LP positions, also took a GP slice along the way ----
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27 June 2024 | 62 replies
How many hours it takes is going to depend entirely on the details of the project and how well all of the players involved (including you and your client) work together.If you're really trying to do this at scale and build "unlimited" houses, ditch the bring-your-own-materials plan and start building excellent relationships with contractors, subcontractors, and govt. building departments in the areas you want to build.
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25 June 2024 | 17 replies
I just had mine konk out on me before the start of this new tax season.
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25 June 2024 | 10 replies
Once the property is rehabbed, you can refinance into a DSCR loan with no seasoning requirements.I'll let some of the traditional mortgage brokers chime in, but traditional financing might require a 12-month waiting period to pull your cash back out.
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27 June 2024 | 18 replies
There are some decent spots that do well and are more affordable than Raleigh.Also I bought during the winter during slow season, great neighborhood but horrible photos, clutter everywhere, original condition.