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21 February 2025 | 10 replies
We spent 30k of our own money rehabbing, lived in the property for 3 years, did most of the work ourselves, and sold last summer for 195k.
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7 February 2025 | 4 replies
If you actually need to do permits on everything or just structural fixes and big items (I.e. roof, siding, windows, etc.).
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16 February 2025 | 18 replies
Your statement, @Ivan Castanon, that “… foreclosure house sales are usually sold near ARV or maybe at a slight discount,” couldn’t be further from the truth.
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1 February 2025 | 0 replies
Manage their properties Provide welcome gifts/ goodie bags for their guests before check in Hauling extra supplies/ misc items to return to stores or other properties--Any other ideas that I can pitch to make myself more marketable?
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12 February 2025 | 5 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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31 January 2025 | 11 replies
I would certainly advertise that and add pictures and themed items to house.
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13 February 2025 | 3 replies
But then they can raise the rent just $10 per unit per month and create another $600,000 in value across both theirs and the ones we sold.
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5 February 2025 | 4 replies
Even if it is NNN, are their certain Capex items that you are responsible for?
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11 February 2025 | 31 replies
We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.
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7 February 2025 | 17 replies
This statute section covers items on PMc's, and as detail here, an exclusionary clause to the statute which via that exclusionary clause it there in becomes an empowerment for the referenced actions being exempt from the prevailing statutes for that item.