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11 February 2025 | 15 replies
@Angela Hudson if you want to fix/flip find someone local and fund their deal (ie lend).
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15 February 2025 | 21 replies
Then you subtract your expenses: (1) Fixed cost: property tax, STR insurance, utilities, landscaping, etc
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17 February 2025 | 7 replies
Sometimes they want me to fix something (like cracks in a driveway that no other company had cared about previously).
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19 February 2025 | 1 reply
Expensive unit at the property goes out, takes money to fix.
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17 February 2025 | 0 replies
✅ No risk, no cash out of pocket✅ You work with, cooperate with, the homeowner instead of negotiating against them✅ No tenants and toilets✅ No maintenance or repairs✅ Short-term deals with sizeable assignment fees✅ Those fees can fund long-term strategies like buy-and-hold or fix-and-flipIf you’re an aspiring investor looking for a low-cash entry point into real estate, Cooperative Assignments are an effective strategy.
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13 February 2025 | 22 replies
I.e. say your plumber has a fixed $150 service call fee.
20 February 2025 | 5 replies
Fix it.We eliminate as much landscaping as possible: we take out flower beds and most decorative features, ideally, lawn mowing is the only job tenants have to do, because we know that's all we can expect from most.
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16 January 2025 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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20 February 2025 | 4 replies
@Frank Alfano agency debt is very competitive (75-80 ltv, non-recourse, fixed-rate etc); you can syndicate and raise the equity portion needed from friends and family, provided you can market and lead the project.
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22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.