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3 January 2025 | 5 replies
It tends to hide marks better.Walls: Neutral tones like SW Repose Gray, Behr Swiss Coffee, or Moore Classic Gray are renter-friendly and modern.Trim and Doors: Use a crisp white like SW Extra White or Moore Chantilly Lace.Accent Walls: For a touch of style, consider an accent wall in soft blue-gray.
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21 January 2025 | 59 replies
Tenants tend to expect to get away with stuff when dealing with an owner/manager they wouldn’t try with a property manager.
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12 January 2025 | 23 replies
I think many people get analysis paralysis and therefore people will tend to never invest due to the fear of losing money.
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10 January 2025 | 13 replies
This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.
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31 December 2024 | 3 replies
You can go as low as 2.5x in some cases but NJ tends to produce enough traffic/applicants where 3x should be minimum unless property is over priced.
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19 January 2025 | 269 replies
The fees they tack on AFTER you invest hindreds of thousands of dollars is just nuts!
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30 December 2024 | 1 reply
Right now, land (unless in a hot market) takes a special type of buyer/developer to turn it into money, so you're better off finding the thing the people with the money want. land tends to sit a long time...
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4 January 2025 | 28 replies
I'm glad we are in Iowa, otherwise I would be going nuts doing deals left and right.
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30 December 2024 | 16 replies
For the nuts and bolts and real-world applications, I would lean on forums like these and studying or talking with other successful investors.
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30 December 2024 | 3 replies
As someone based in San Diego, I’ve also noticed that investors eyeing California real estate tend to focus on potential future development or expansion (especially if you have the patience to navigate local regs).