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26 November 2024 | 44 replies
Negotiation Challenges: Risk of under-the-table deals with other buyers.Tips: Be aware of these risks and take steps to mitigate them.
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18 November 2024 | 24 replies
I rent homes unfinished for the most part but sometimes, if a space would look better with something extra, like a coffee bar or a patio table, I will pick one up.
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15 November 2024 | 10 replies
This renovation took 2.5 weeks for two guysScope of WorkDemo and gut entire kitchen, gut one bedroom, and partial gut of bathroomBuild new closet and frame out a wall to create a bedroomInstall new laminate flooring in two bedroomsInstall new subpanel and new electrical for entire apartmentNew (and some reused) cabinetsNew quartz countertopNew (but bought used) 24" rangeNew microwave and fridge (new fridge not shown in photos)New toilet, medicine cabinet and vanity light in bathroom New built-in kitchen table and chairsCost of Work (approximately)Labor $6,500Cabinets $2,000 - I bought some nice, used Ikea cabinets from Craigslist for a previous job and I had some left over.
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12 November 2024 | 2 replies
The bottom line of this table tells us the results of cost segregation.
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12 November 2024 | 5 replies
Read books like Set for Life by @Scott Trench and Start with Strategy by @Dave Meyer to get the mindset of starting on the table before going too deep into an asset class or something like flipping.
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16 November 2024 | 14 replies
Hey @Michael Dallas, it sounds like you've put a solid offer on the table—10% interest-only on $95k is competitive, especially with a clear 2-year exit plan.
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15 November 2024 | 18 replies
The fact of the matter is you mitigate that risk by doing what the folks above already told you....you bring money to the table and you have money in reserves if things go bad.
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20 November 2024 | 31 replies
As a matter of fact, I'm flying to Vegas now and will throw whatever money that I would've "gator lended" on the first table I see 😂
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13 November 2024 | 12 replies
Don't have a time-table on this yet.
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9 November 2024 | 2 replies
Does anybody have any solutions that may help bridge this gap for folks that may be coming to the table with say 20% - 30%?