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25 March 2024 | 118 replies
Example: In Lancaster, CA : You can buy for $400k SFR say : 1000 sq ft 3 beds 2 baths At 5% down: that’s only $20k plus $10k closing costs: $30k Another $80k for the ADU: and rent it out for $1500 per month : Gross cash flow : $1k per month Refi and get your $80k back and wait 1 to 2 years for interest rates to fall to the 5s or even 4s : Then refi again : and you will cash flow $1,200 to $1,500 per month and only be in the deal about $30k to $50k if that… Let me know if you want to discuss?
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22 March 2024 | 5 replies
I think it will be messy at first and eventually, the industry will fall into a new normal.
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21 March 2024 | 2 replies
**Basement and Exterior Door Concerns** - Issues with basement stairs spacing and significantly deteriorated bilco door steps present safety hazards and potential fall risks.8.
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22 March 2024 | 7 replies
The accountant is one of the least important roles, they are generally a dime a dozen and, as long as you aren't trying to hire one at this time of the year to file your 2023 taxes, you will have plenty of time to interview and hire one throughout the summer and fall for your 2024 tax filing.And flips are easy accounting.
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21 March 2024 | 1 reply
BBB is "okay," but not always accurate, and any complaints fall off (not shown) after 3yrs.Even Angi (was Home Advisor), while not great for providing leads (direct knowledge), they're sticklers on the Reviews.
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21 March 2024 | 3 replies
We launched our first STR last fall (2023).
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21 March 2024 | 4 replies
I live in the New Jersey New York area and prices continue to climb and they do not look like they are falling any time soon.
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19 March 2024 | 11 replies
Don't fall victim to doubling your project cost through unnecessary financing.
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21 March 2024 | 6 replies
I find that complaining usually falls on more receptive ears when a possible solution is also offered.
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20 March 2024 | 4 replies
It's unusual for balconies to fall under the unit owner's responsibility.