22 May 2024 | 2 replies
Control the property with a delayed/hybrid contract, 4. offer to control the property and sell it a reserve public auction - before the bank has a chance to do that, 5. put it under a creative contract of sale and assign your contract for a cash assignment fee, 6.
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20 May 2024 | 2 replies
However, this difference in rents doesn't factor in that two-story homes on average tend to be larger than one-story homes.My data source isn't super precise showing rent-to-sqft ratios, only rounding to whole dollars.
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24 May 2024 | 36 replies
Just wondering if people had any thoughts on Ron Legrand, also they offer several programs one is called ACTS .Control without ownership does anyone have any thoughs on this.
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22 May 2024 | 6 replies
I have transferred multiple times in/out of an LLC, so long as there are certain things that remain constant (EG the majority controlling interest in the LLC to the current ownership interest) I know that I have the exemptions that cover me.
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24 May 2024 | 259 replies
Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.
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21 May 2024 | 8 replies
I obviously would want to have control over the property and maybe a pre-determined purchase price?
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21 May 2024 | 12 replies
BTW, this is in the SF Bay Area in a rent controlled and tenant friendly city so it's next to impossible to evict.
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21 May 2024 | 138 replies
Seems like it may be better control of your money then SDIRA and less fees.
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21 May 2024 | 1 reply
It has really inspired me to take control of my future and start investing in real estate.
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21 May 2024 | 11 replies
I'd recommend pushing density to 3 or 4 they all finance the same. we picked 3 because of the 35' height allowance in our area. here is a rendering to help paint the picture. our target appraisal value is 550k on the first few and pushing them to more than 600k as we sell some or keep them but if you are the only one building multifamily it's important to highlight the importance of appraisal and selling or disposing of some assets to create comparable to be used. our market has very little 2-4 units built because of economies of scale we are the only builder doing this style and we control the full process and it is a high barrier to entry where we are at. we are able to build at a lower cost now than almost buying a duplex because they are so small. each one is 668 sq ft total of 2004 sq ft.