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26 June 2024 | 33 replies
I do have experience in web development, search engine optimization, writing copy, advertising, design, and user experience.With the rough numbers that I have so far, replacing and exceeding her income appears viable - Of course this is with financing, and a trusted friend joining as a partner.
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24 June 2024 | 5 replies
HI Kev, we helped a lot of luxury STR investors this year utilize the accelerated deprecation tax incentive, I would actually suggest checking out the bigger pockets featured tax preparer section and sine it's likely a considerable reduction definitely not try and do it yourself..the investment in high quality reliable tax advice is essential to any investor tool kit.
23 June 2024 | 3 replies
I know that you need the survey, you need to design what is going in the flooday, You need to design how you are offsetting what are doing to get a zero rise certificate, you need to get the FEMA floodway model and then have someone do the software run and make sure that you have zero rise and mybe tell you that you need to change more, but that seems to be mostly internal design and engineering?
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25 June 2024 | 125 replies
To take this further, I recently tuned in to the Bigger Pockets podcast and one of the featured guests proudly stated that they are negative cash flow but that's fine because the property is expected to appreciate in 10+ years.
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21 June 2024 | 1 reply
Separately - if anyone knows a digital interior designer would love to pick there brain for an hour and obviously willing to pay.
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23 June 2024 | 13 replies
For example look at the zip code you are building in, for a recent new build in columbus that we do since miami is expensive we pulled all these stats: Zip Code Statistics: 43206Housing Units Delivered: 8 Average Sale Price: 642,875Median Sale Price: 505,000Average Price Per Sq Ft: $316.40Average Square Feet: 2172 Sq FtAverage Bedrooms: 3.25Average Bathrooms: 2.75Average Days on Market: 138We design the house around this, around the lot, around the neighborhood, from scratch and try to pick a long term build design that will do well.
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24 June 2024 | 11 replies
The 4 bed vs 3+den designation won't have any effect on the home's value, or the rental income.
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24 June 2024 | 17 replies
When deciding between new construction and resale properties, consider the advantages of warranties and modern features versus potential savings and immediate occupancy.
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27 June 2024 | 62 replies
With that information you can then adjust based on your design's location, size, complexity, and finishes, subtract off what you think your materials savings are, and then voila, there's your estimated labor cost.The cost/sf question gets asked all the time on the BP forums so there are already a bunch of responses out there.
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24 June 2024 | 7 replies
It's designed for investors at all levels—novice, intermediate, and expert.