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20 January 2025 | 5 replies
Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.
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13 January 2025 | 11 replies
Lowering your standards invites expensive evictions and repairs.
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14 January 2025 | 8 replies
I'd like to invest more in that area, but it's much more expensive and harder to find deals.
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14 January 2025 | 2 replies
I have a client that lives in Hawaii but owns a property in DC area.
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20 January 2025 | 1 reply
You will enjoy the serenity of rural living, complete with a large cleared backyard perfect for homesteading, gardening, or recreation.
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6 January 2025 | 5 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.
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27 January 2025 | 18 replies
i think its the easiest asset class to understand that isn't stocks and a lot of peoples livings depend on marketing how perfect it is
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18 January 2025 | 15 replies
And i found launch control but the minimum is $500 a month, but they use cross-referencing data across sources to find the most accurate contact information by using a person's name and address to find their phone number, real address and email by accessing public databases, phone number directories, credit reports, utility bils, public tax records, and social media profiles. this is waaay expensive for me as a beginner. what do you suggest or if anyone has any suggestion I'd greatly appreciate it.??
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19 January 2025 | 11 replies
Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.
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22 January 2025 | 12 replies
Gretchen Whitmer signed three Senate bills of a five-bill package Monday, Dec. 30, that prohibits landlords from discriminating based on source of income.”I live in Michigan but have no rent property in the state.