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4 February 2025 | 17 replies
Its a quick and easy addendum to prepare.
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11 February 2025 | 1681 replies
Just tested them all on my PC, no issues.
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12 February 2025 | 179 replies
So better be prepared for another year at least with negative cashflow.
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13 January 2025 | 30 replies
If you are going to test the market with a new standard, be patient.
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19 January 2025 | 55 replies
The thing I didn't like about RentRedi after doing lots of research and preparing a spreadsheet with features and costs, is that RentRedi doesn't disclose up front that the accounting portion is linked to another company and is extra and, frankly, comparable to the pricing of the "big boys."
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31 December 2024 | 57 replies
This didn't pass the smell test???
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12 February 2025 | 75 replies
Because if a wholesaler runs their business like I do, then they are fully prepared to close on every deal so there is ZERO risk to the seller.
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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.
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26 December 2024 | 1 reply
Preparation is key, and relationships are everything.When closing a property deal, the funds typically required include a purchase deposit, which is refundable during the due diligence period, and an additional nonrefundable extension deposit.
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30 December 2024 | 7 replies
And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.