Jorge Abreu
📅 Critical Dates: Timing is Everything
6 January 2025 | 2 replies
Sometimes I had to beg for extensions because I couldn't finish tasks on time.
Devin James
Update - Everything Went Wrong
30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
Scott Goulet
Airbnb: To get a Pool or not in Florida
11 January 2025 | 20 replies
Hi Scott, I would go with the Inground pool with a finished area around it.
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
An extremely detailed scope of work along with an extremely detailed contract, are the keys to a project that is going to finish on schedule and on budget, without surprises.
Ivan Castanon
I need to change strategies. What should I do?
31 January 2025 | 41 replies
You don't want to get a call 3 months into a project where you have lent money and hear the operator say that they ran out of money and need more money from you to finish the project or you will lose your investment.
Kayla Elliott
What is the best loan strategy for this buy and hold?
30 January 2025 | 8 replies
Finish remodel.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
4) How do the finishes & amenities of your property compare to competitive properties?
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
@Thomas Farrell if you have any experience managing property/construction projects, I would look in to flipping properties and keeping the once that you see an acceptable cashflow on when finished.
Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
.- If you're going after a seller finance deal I think once you understand what it will take to get to a finished state its simply a matter of aligning your needs as far as short term cashflow with the current rents/situation, with the net number the seller needs after the refinance.
Carlos Rodrigues
Purchasing a property with illegal bathroom
31 December 2024 | 8 replies
So this Multi I want to offer in Kearny New Jersey (NJ) has an illegal finished bathroom in the basement and finished rooms.