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31 May 2024 | 44 replies
The typical remodeling contractor will have overhead expenses ranging from 25% to 54% of their revenue – that means every $15,000 job could have overhead expenses of $3,750 to $8,100.Somewhere along the line, people started believing that a 10% overhead and 10% profit is the industry standard for construction jobs.
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28 May 2024 | 3 replies
We use a few different companies that range from $1900- 3200 depending on the extent and company.
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28 May 2024 | 15 replies
It’s durable, water-resistant, and easy to clean.Countertops: Laminate or quartz countertops can be more cost-effective than granite but still offer a modern look.Paint: Choose neutral colors to appeal to a broader range of tenants.3.
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31 May 2024 | 111 replies
We were discussing our next acquisition, which we want to be a small multifamily somewhere in the $500-$750K range.
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28 May 2024 | 6 replies
.- Most current rates are in the 7-7.75% range.- Competitive pressure to deploy capital compressing dropping of rates. - Buyers are underwriting portfolios to as-is rents.- Machine learning models are helping to reduce risks.- Reverse migration to Rust Belt is occurring based on affordability issues elsewhere.- Scatter site is a defensive asset offering a lot of optionality.- Market conditions are challenging for scatter site hold unless you are underwriting a 10-year hold.- Setting up operations for SFR from scratch is very difficult.- One investor is buying at cap rates in 5s or 6s.
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27 May 2024 | 1 reply
ARV on this property will be in the $1.6M range.
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28 May 2024 | 7 replies
Hey @Roxanna Pifer,Slatehouse group Property Management covers a wide range of areas and might stretch up to the Lehigh Valley.
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26 May 2024 | 10 replies
San Antonio has experienced steady economic growth, fueled by a diverse economy including sectors such as healthcare, military, tourism, manufacturing, and an overflow from the Austin market.
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27 May 2024 | 1 reply
Reach out to @Joseph Chiofalo for a wide range of reliable and creative lending scenarios.
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27 May 2024 | 7 replies
I have my eye on one that's in my price range.