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19 January 2025 | 147 replies
"I was going reply reference your typing skills and overall spelling ability."
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28 December 2024 | 1 reply
First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.
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6 January 2025 | 8 replies
And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.
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21 January 2025 | 31 replies
I was frustrated interviewing professionals to find out I often knew more than they did (specific to real estate) only because I am always reading and continuing to learn my trade to the best of my ability.
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5 February 2025 | 29 replies
They can now decide based on the return they will earn against their dollar using little of their time and their trust in our company's ability to deliver it.
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24 December 2024 | 2 replies
This successful deal highlighted our ability to act quickly and capitalize on market-ready opportunities, delivering impressive results with speed and efficiency.
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12 January 2025 | 54 replies
Having the ability to offset their mortgage with an ADU would be a game changer.
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26 December 2024 | 8 replies
From there, it requires the ability to conduct underwriting the highest and best use of a planned project, which requires a pro forma built by the user or acquired from a competent 3rd party.
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26 December 2024 | 3 replies
The ability to turn single-family lots into duplexes or even split lots for separate units can significantly boost rental income and property value.
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2 January 2025 | 8 replies
While others above have highlighted the ability to purchase a property with 0% down, there is one large stipulation: you must purchase a property as a primary residence.