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10 October 2024 | 25 replies
Let's say $100/hour fully loaded, plus a truck, overhead and then add another 20% profit on the total (material and labor), because that's the whole point of running a business.
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9 October 2024 | 39 replies
All have been very profitable, grossing anywhere from $95k up to $300k.
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6 October 2024 | 1 reply
It’s especially advantageous that your construction costs are lower due to being a builder, which really boosts the overall profitability of the project.The numbers look strong, especially with a refinance at 5.9% the $24k net after expenses and $12k yearly pay down show a solid return, even with conservative estimates.
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2 October 2024 | 3 replies
Before we get started we would like to come up solid written business plan that is organized in a clear and concise manner.
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9 October 2024 | 17 replies
I did see some new builds in south side last time i was there but they were non profits building them they are the only ones that can do this in areas were existing sells for substantially lower than new builds..
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5 October 2024 | 19 replies
And then re market it they cant have a buyer lined up ahead of time.. as that on its face means they have marketed the property.So read em weep wholesalers assignors.. but I am going to provide ulra short term funding for X wholesalers were we will do JV deals and they can still do what they do.. obviously its going to cost.. so wholesalers with limited profits wont be worth it..Or X wholesalers in SC simply have to get a RE license and get in the business that way .
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2 October 2024 | 3 replies
Chicago Attendees, As we prepare for Cancun next week, I was thinking that it would be fun to organize a little Moon Palace get-together for Chicago-area attendees once we are all down there.
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5 October 2024 | 2 replies
.• Person C is still alive and will be selling the real property today for $290,000 with an expected net profit of $235,000.Overview of Ownership and Basis Calculation1.
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2 October 2024 | 4 replies
Are there any meet ups, or group of investors who currently have meetings or any organized events?
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2 October 2024 | 11 replies
In my experience it helps keep pre-applicants organized and is an actual sight with a google-able name so it doesn't seem as scammy.The background check and credit fee is $30 paid by the prospective tenant but I always tell people applying for my units ahead of time what my credit and background requirements are and that if they pass those qualifications (plus the reference checks) and sign + pay the deposit that I will reimburse them the application fee.