Marc Shin
Changing my primary mortgage to a HELOC
30 December 2024 | 5 replies
Of ourse there is a cult following for some of these programs who swear by it, but again, its simple math and show the numbers.
Jerry Zhang
Agent Outreach to find seller finance multifamily deals?
22 December 2024 | 8 replies
Why do you want to work with agents who don't understand simple things like owner financing in real estate, it's really simple.
Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
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.
Austin Tess
Questions about refi
29 December 2024 | 8 replies
I recommend the book: "BRRRR: The BRRRR Rental Property Investment Strategy Made Simple" by David Greene and Clifford Ponder.Message me if you have specific questions I can help with.
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
The purchase process so far as been very simple.
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
2 January 2025 | 37 replies
Keep it simple, paint and carpet, buy a good house in a quality area.
Ugin Rapoport
Manufactured Home Permanent Foundation
23 December 2024 | 1 reply
If you do not have those it will extremely hard to ever sell it to someone who will require bank/lender financing or refinance it down the road if you want to pull out cash on the ARV or future equity.The other rule of thumb is that you buy it New and that it was never on another property or location, simple built onsite or trailered in from warehouse.
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
Even creating a simple model to evaluate potential deals or predict returns could be a fun way to combine your interests while gaining hands-on experience.The most important thing is to start somewhere.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
Simple mistakes can be very costly.
Daniel Segovia
How Do You Celebrate Wins as a Private Lender?
23 December 2024 | 4 replies
We go by a simple concept, just do what you agreed too in the contract, nothing more, nothing less - if that happens then we all win.