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3 December 2024 | 7 replies
I want to scale, but not sure how to develop my strategy.I have a $200k HELOC and excellent credit worthiness and high income from my day job.
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3 December 2024 | 4 replies
Even tough, I am in information overload right now and working a full-time job at night.
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2 December 2024 | 11 replies
That would be what I would profit on a build job, then the interest and closing costs and such would be paid by the person hiring me.
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3 December 2024 | 5 replies
Any advise on adding washer/dryers is a plus I know routing new drains can be tricky when trying not to get to invasive on a "cosmetic" job.
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6 December 2024 | 4 replies
License plate reader did its job.
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3 December 2024 | 2 replies
Plus this is literally your agents job, an agent gets paid to help you with things like this, a co-host can be super valuable but is more focused on the post-purchase phase.
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6 December 2024 | 51 replies
In other words, it may not really matter.I think it is also a fine line because even if I owned multiple properties prior to getting married, if my wife did ANYTHING to help with them, property management, sweat equity improvements, etc. then it can play a role.
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2 December 2024 | 9 replies
Please let me know if these builders are up for the job and I will definitely reach out to them.Thank you!
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3 December 2024 | 4 replies
The town granted the restaurant a temporary exemption based on the fact the business creates jobs, which would be reviewed with new owners or landlords.Another issue is mixed use is structures from another era and it's use had been grandfathered.
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2 December 2024 | 2 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.