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12 December 2024 | 6 replies
But, understand the cost involved.
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12 December 2024 | 2 replies
That approach might not serve the seller well, especially since the goal is to genuinely help them by offering a reliable quick solution.My current thought is to focus on networking and building a solid and extensive buyers list and understanding their ideal investment criteria upfront.
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13 December 2024 | 10 replies
The key is to understand the capital stack, who is in line in front of you and what are their terms.The people who are getting burned may have known there was debt in front of them, but did they know it was short term or variable - did they know all the details to make a good judgment on the investment.If a property had 20 year fixed debt at 70% would you take that over 3 year debt on a variable rate at 50%?
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12 December 2024 | 6 replies
The BRRRR calculator may help you understand this better as the results are shown in three different phases - rehab, post rehab and then post refinance.
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3 December 2024 | 4 replies
While I’m new to the real estate world, I’m eager to connect, learn from others, and explore investment opportunities.
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10 December 2024 | 25 replies
Also, understand the role of the capital raiser.
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11 December 2024 | 29 replies
Fully understand what they can do to you and what is required.
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17 December 2024 | 17 replies
& track my job costs against each category so I can compare my budget vs actuals and calculate the variances.For example:Electrical Budget: $4,000Electrical Actual: $6,300Variance: +$2,300This process is more tedious because you have to breakdown each invoice or receipt and allocate the costs to each Category, but it really helps you understand where you are spending your money and why you went over budget.Otherwise, it sounds like you are having trouble measuring employee productivity?
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11 December 2024 | 8 replies
Just trying to understand what you're looking for.
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2 December 2024 | 1 reply
I've always had an interest in real estate but never did anything about it. It's time for me to dive right in and get started.