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5 February 2025 | 205 replies
I am visiting CC later this month, and will call again this week.
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16 February 2025 | 70 replies
If needed add a minimum of 15kModerate RehabCan save at least two of the following- Electric, Drywall, Flooring, Plumbing (likely touch ups in the other two)Redo KitchenRedo Existing BathroomsNo framing or architect plans neededPaintFinish BasementAdd a split unit to existing duct work (prevent from tearing up existing plaster/drywall)*Think of a grandma home that does not have knob and tube and has been on top of roof/windows so we aren’t as worried about mold/water damage*Light RehabComps do not need a finished basement or basement is finished to comp standardComps do not need HVAC or you can just add split unit to existing ductworkKitchenBathroomFloorsPaintNo major rehaul of mechanics needed (aka do not need to rip out walls)LipstickPaint, Floors, appliances in the most basic sense ARV Range Full Gut Moderate Light Lipstick +450 (A+) 150-300 N/A N/A N/A 380-450 (A) 90-120 70-75 N/A N/A 270-400 (B/B+) 85-100 60-70 N/A N/A 210-270 (B-) 75-80 60-65 45-55 N/A 170-210(C/C+) 65-75 50-60 40-50 15-30 140-170(C-) 60-70 50-60 35-45 10-20 120-140 (D) 55-65 40-50 25-35 5-15 Philly Neighborhoods Breakdown:A+ : Obvious Prime Real Estate.
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31 January 2025 | 12 replies
@Kaaren Hall after seeing your post i called them right away, their fees are extremely high for an HSA that for the most part most people don't have a lot of money in.I max my HSA every year, but if you have a self only plan you can only put about 4k /yr and if you have some medical bills it's less.they are also very restrictive on taking money out, and no CC to pay the doctor. prior to speaking with them I was extremely excited to see this opportunity you suggested, but after my conversation I'm no longer...I will look for other options now that I see there may be some, so thanks so much for bringing it up.
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18 January 2025 | 8 replies
And a lot of old school GCs may not have the ability to take a CC and may not care to learn how to...Main question is: why do you want to do this?
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14 January 2025 | 8 replies
I wish I had another work around for you, but I actually stopped using my business CC all together just to avoid the PITA "hacks" they offered as solutions.
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18 January 2025 | 11 replies
Bryan,This is one of the biggest challenges when investing in C/C+ areas, and it’s even more amplified in D-class neighborhoods.
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16 January 2025 | 12 replies
Could you put it on a CC and pay it off within the billing cycle with either your income or selling some stock if absolutely necessary?
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19 January 2025 | 10 replies
I also own properties in C/C+ neighborhoods, and although the cash flow is higher, those properties are more hands-on, and I typically experience higher turnover.
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15 January 2025 | 12 replies
This tactic works for 99% of the time.What is more prevalent an issue for us is CC fraud.
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16 February 2025 | 61 replies
We get very few cancellations now that we are using their cc processing and have tightened the rules.