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2 October 2024 | 38 replies
(And this ignores seller credits, which are commonly offered to homebuyers during negotiations.)Affording the down payment is an issue for prospective homebuyers, but not the main one.
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27 September 2024 | 2 replies
When I saw my tax advisor/attorney, he said another option would be to have a separate LLC for each property with a holding company for expenses common to all properties and to make distributions and contributions.
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29 September 2024 | 3 replies
I simply am providing you with actual data and common sense so you can learn and start guiding others on the right path.
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6 October 2024 | 49 replies
And it's just common sense, it really is.
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25 September 2024 | 9 replies
She filled the freezer with the meals and then the next day, took them to her father and put them in his freezer.I told her that she was using a lot of utilities and if I had known that this was what she was going to do, I would have declined her request.
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28 September 2024 | 7 replies
So far from what I see, they offer property info and a couple of other things, but not sure if the robustness of what you can end up with utilizing a hubspot or even salesforce will compare.
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27 September 2024 | 1 reply
Utilities - Checking account I use to draw from for utility payments.
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1 October 2024 | 29 replies
For example, I’m doing three side by side duplexes and it’s costing me $135 psf, but I had to spend an extra $10k per foundation because of bad soil, and the smaller the property the higher the cost psfI’m working on a 28 unit with elevator, demo required, green roof, and it’ll cost me around the same psf as the duplexes.I’m doing three side by side triplexes which are full renovations, basement digout, all new facades, and that’s costing me about $106 psf for construction Non of these numbers include architecture, geotech, MEPS, environmental, utility plan, or finance costs
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28 September 2024 | 6 replies
What are some common pitfalls to avoid as a new real estate investor, especially in the multifamily sector?
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26 September 2024 | 17 replies
You should have a clear understanding of property tax rates, insurance costs, repair costs, utilities, landscaping etc.Any buyer must develop their own proforma and that is what should be relied on.