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29 July 2024 | 5 replies
I'm currently looking at a few potential single-family fixer-uppers (some in Worcester, Taunton, and near Dorchester), and I could really use some expert advice on current rehab costs for different scopes of work.Here are some numbers I've gathered from my contractor friends.
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2 August 2024 | 53 replies
@Chris Seveney I agree with your #3 for a few reasons1) housing expense as a % of income has been rising to well aboe long term levels.
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1 August 2024 | 19 replies
You'll probably get exhausted with this so you need a PM who serves at the ground level so you can focus on higher value tasks.
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30 July 2024 | 12 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
31 July 2024 | 9 replies
It really comes down to your level of risk, how much you want to spend, how knowledgeable you are with the area, and if you want to be hands on or hire a property manager.
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30 July 2024 | 30 replies
We changed the batteries 5 months ago and the battery level is currently at 93%.
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30 July 2024 | 18 replies
There's absolutely not any federal level housing law on this.
31 July 2024 | 20 replies
It's always price, amenities, and/or location - assuming a base line level of common sense listing like professional photos, accurate description, etc.
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29 July 2024 | 7 replies
@Dan Creed, this is honestly in line with my general costs, but it will also depend on finish level.
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31 July 2024 | 20 replies
I was targeting a 20/80 GP/LP with a 12-13% IRR with a 2 hurdles +14% IRR GP/LP goes to 30/70 +15.5% IRR GP/LP goes to 40/60.These will be usually 25 to 50 unit infill multifamily deals usually townhomes or apartments I would love the feedback Hi Ken, coming from a drunk sloth level passive LP perspective, you have a fair approach, however the projected IRR is lower than most current offers out there so may be difficult to market to cursory investors, but your 80/20 is quite reasonable compared to most others.