
24 December 2024 | 4 replies
We do not factor in capital gains tax in our final net profit projection Hope that helps!

27 December 2024 | 4 replies
Unfortunately with those numbers it's tough to find a non-bank lender/financial institution that will lend.Usually loan minimums are $50K and the up to 75% LTV on purchase-money/70% LTV on cash-out refinancing, which basically means you need up 25-30% depending on the type of financing.

24 December 2024 | 5 replies
Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.

29 December 2024 | 30 replies
Basically the city sends their own inspector out who compiles a list of items that are required to be fixed usually within 3-6 months of taking ownership.

20 December 2024 | 3 replies
Prioritizing cash flow, mastering property management, and learning basic repairs can make a big difference.

30 December 2024 | 11 replies
Basically to cover their deductible.Most renters insurance has a liability limit of $100K.

24 December 2024 | 25 replies
As seen above, average rates were in the 6.5% range and projections for both MBA and Fannie showed projected higher rates before they came back down.

27 December 2024 | 2 replies
The project was managed by one of my property managers for a 10% fee.Leasing and Property ManagementWith renovations complete, the property was ready to be leased.

17 December 2024 | 1 reply
The contractor also committed to informing me and getting my approval for any cost changes during the project.

25 December 2024 | 2 replies
It will familiarize you with the basic terminology and benefits.