Jean Romelus Lisma
New member Introduction
7 January 2025 | 7 replies
I'm a central CT based investor, flipper, and property management company owner.
Daniel Medellin
Buying 1 acre and dividing it into multiple lots for long term rentals
4 January 2025 | 4 replies
I wouldn’t subdivide based on your objectives. 1.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
16 January 2025 | 18 replies
- Each Housing Commission sets their own rent rates, based upon market rents for Class C properties in their area.You should be able to find an online list of S8 rents per bedroom for your area.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
Used what I know from wholesaling to come up with the estimations The numbers is used are based on a these assumptions:- Cost to build* (2024) = 150/sqft National average, 141/sqft Tennessee Average (Source: Houzeo https://www.houzeo.com/blog/how-much-does-it-cost-to-build-a-house-tennessee/#:~:text=The%20average%20cost%20per%20square,idea%20of%20the%20construction%20costs.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.
Guillermo Perez
Rate my first BRRRR
8 January 2025 | 22 replies
Guillermo - What is the cash flow based on the new loan?
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
There are a few programs that can do second position financing but typically underwritten based on your personal income.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
13 January 2025 | 2 replies
.✅ Do your research to learn what is realistic.Spend time really considering what type of business is going to be the best fit for you based on your experience and how you want to spend your time once you are the owner.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
14 January 2025 | 33 replies
there ya go another Utah based fullfilment and education company.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
Based upon the cost seg studies of my clients, a building will typically yield 25-30% of the total cost that can be segregated into personal property and land improvements.