Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
29 January 2025 | 54 replies
A good PM can assist with initial analysis and either help you buy or knows someone who can help you buy.
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
I signed the contract mentioned above, that initially said no closing points to lendbase when we find a loan.
Tim Holt
House Hacking in expensive markets - MA and RI
4 January 2025 | 14 replies
Remember there are 4 ways you are getting ahead by owning a small multifamily property (houeshacking initially).1.
Lilia Matlov
Multi-family Residential Renovation and Restoration
29 December 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
It has a higher initial cost (2~3k) but less maintenance over time with a longer warranty.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
But most of the positive reviews I see only mention the initial presentation (which reviews always comment on how great and informative they were).
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
All users are initially signed up on the Starter plan, which is free and what you have access to initially as a BP Pro member.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
.)- 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.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
After a bit of back-and-forth on the repair costs, I negotiated it down to $69,000, convincing them the extent of repairs was higher than they initially estimated.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
After a bit of back-and-forth on the repair costs, I negotiated it down to $69,000, convincing them the extent of repairs was higher than they initially estimated.