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14 January 2025 | 2 replies
You've given me some solid pointers/items to take into consideration for future deal analysis, so thank you for that.
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21 January 2025 | 14 replies
turnkey section 8 is not going to be like buying a brand new home there will always be differed items or stuff that does not work etc.. age of homes makes this impossible. then you add section 8 tenants and there you go
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30 January 2025 | 47 replies
Anyway.. carry on I am sure you will figure out what works..
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10 January 2025 | 2 replies
Good summary of what your market is looking for but as we all know, each market tends to have its "wish / want" items which differ from market to market.Flow is definitely a selling point but make adjustments come with a cost.
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31 December 2024 | 13 replies
The other contractors that I have worked with gave me a full scope with detailed line items of what will be fixed, how much the labor is and how much the material is going to be.
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5 February 2025 | 54 replies
That could be achieved without spending an inordinate additional amount in cap ex; In fact all I have seen had these items in common1.
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15 January 2025 | 11 replies
The following are the key items I would recommend investors pay attention to:A.
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14 January 2025 | 4 replies
Tailor these amounts to the significance of the task; for example:Roofer: $1,000/day (critical to weatherproof the site).Painter or garage door installer: $100–$200/day.Contract Value & Payment Terms:Agreed payment amount (lump sum or itemized costs).Breakdown of payment terms:Deposits.Progress draws.Retainage (if applicable).Scope of Work:Be as detailed as possible.
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16 January 2025 | 12 replies
It can potentially be deductible as an ordinary or rental expense, an itemized deduction or simply non-deductible.
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19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!