
19 January 2025 | 47 replies
It’s more of a solution for owners who need liquidity but don’t want to sell their property outright, interacting with advisers, agents, and other related people that are expensive and may be hard to connect with, or take on additional debt, including such debt like loans from banks and offline interactions, which require valuable time.

15 January 2025 | 34 replies
(so I hope).I have a whole lot more info regarding my interactions with these institutions and how I've dealt with them if you're interested?

6 January 2025 | 8 replies
And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.

2 January 2025 | 5 replies
You can generally go up to 75% LTV on these products so long as the anticipated PITI is 1:1 with the gross rent.

9 January 2025 | 43 replies
Also, right now we are utilizing FB but we may change this next year to a platform outside of FB for better interaction and more security.

28 December 2024 | 1 reply
By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

6 January 2025 | 14 replies
Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

5 January 2025 | 17 replies
Yes we ask towards the top of the market, but I anticipate my holding times (which are in line as the short supply in my area is able to work for me) and build that in.

14 February 2025 | 161 replies
Nothing exemplifies this better than an interaction I had yesterday in the forums with a fellow poster who bought a $150K turn key house and posted the homes marketing photos.

19 February 2025 | 88 replies
Even if a property cash flows $500 per month usually this cash flow will be eaten up (when a tenant moves out, when something breaks, etc. )And I am asking other people for their experience, if they feel the same wayYou need to be charging enough in rent to put aside money to cover those easily anticipated expenses as well as saving for higher cost capital improvements that will be needed down the road (like AC repairs for example).