Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Sixteen homes to inspect- roofs, hot water tanks, soft floors, siding damage, decks, porches, furnaces.
Ilia Zakharav
Convert 6 unit multifamily into condos and 1031 individual units
6 January 2025 | 1 reply
Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.
Ilia Zakharav
Convert 6 unit multifamily into condos, 1031 after
9 January 2025 | 2 replies
Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
Top producers are always very pleasant to work with (which does not mean they are soft)3.)
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
Over the past 20 years, the insurance market has a whole has been pretty soft, with a few flashes of hardening (after 911, and after the sub-prime issues of 2008), but nothing like what we're experiencing right now.
John Burtle
Building my first spec home!
17 January 2025 | 27 replies
Your 'cost' should include everything, from land purchase, soft costs, holding costs, and hard costs.
Jonathan Chan
Learning How to Raise Capital
5 January 2025 | 2 replies
It's been great, we've hit over 4M in soft commits through 2 months, but we've only deployed about 500K.
Malcolm Brown
Newbie to Real Estate Investing - Any Tips...
18 January 2025 | 13 replies
With investment properties, most lenders I work with prefer to have an address to work with in order to provide a "soft" quote, which does not include a hit to your credit.