
13 September 2024 | 61 replies
(b) these persons that would have been non-productive are now productive (c) people are getting trained and learning employable skills (d) companies are highly incentivized for GROWTH (e) you've effected stimulus in net housing production but with NO added tax revenue draws because it's via an offsetting factor AND arguably a potential net GAIN via expansion of industry leading to mor employment and more income tax revenues.

8 September 2024 | 0 replies
Challenge and Stretch: Great leaders challenge their teams with tasks that stretch their capabilities, allowing for growth and the development of new skills.6.

9 September 2024 | 2 replies
There has been a considerable amount of foundation work done (addition for piers, leveling, etc).

9 September 2024 | 3 replies
I’ve learned to start the permitting process early and keep a close eye on inspection timelines to avoid bottlenecks.It can be difficult to find contractors who are not only skilled but also reliable and available when you need them.

9 September 2024 | 10 replies
Look for cracks in the foundation, walls, or ceilings, as these may suggest settling or shifting.Additionally, keep an eye out for pest infestations, particularly termites or carpenter ants, which can cause significant damage to wooden structures.Lastly, be aware of environmental concerns such as radon levels and underground oil tanks, which can pose health risks.Having a qualified home inspector conduct a thorough evaluation is essential.

9 September 2024 | 5 replies
An approach you might want to take, is to break down each component of the rehab into its own price per sqft/linear foot/units for both materials and for labor.for example you might find that flooring costs and average of $3.50/sqft labor to install + $3.00/sqft for materials X square feet = cost to refloor+ always add an extra 10% for unforseensSo you would just need to do this for every part of the rehab based on what needs to be done and what level of finish you are going for.keep in mind that some things are measured by sqft, like floor, and others are measured by linear foot, like trim, and some are measured by total area, like drywall and paint, and yet others are measured per each like tubs and toilets.A good place to start with figuring costs is The Book On Estimating Rehab Costs by J.
11 September 2024 | 8 replies
High high level - LLC will typically be an option for DSCR Loans (or bank other types of financing), while conventional will require you to borrow in an individual capacity, but there are pros and cons of each.BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?

11 September 2024 | 12 replies
I have two local contacts for you Bell-Harding (HBI) is a local high level CPA specializing in Foreign investors and these scenarios.Another would be Daniel Boyd a local cost-seg specialist 407-451-8996Best of luck

11 September 2024 | 22 replies
@Jamie Hora You are mastering such a valuable skill!!

9 September 2024 | 13 replies
The most important thing right now is developing good bookkeeping skills—which your CPA won’t be doing for you.