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8 February 2025 | 22 replies
This is basic stuff you missed.
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21 January 2025 | 4 replies
I’ll basically be counting on my tenants to pay on time everytime.
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20 January 2025 | 1 reply
DFW Real Estate Investor Club.I think both are about $20 per event to attend the basic meetings.
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21 January 2025 | 2 replies
Basically, there's no free lunch when it comes to taxes.Depreciating property lowers your tax basis.
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24 February 2025 | 71 replies
If needed add a minimum of 15kModerate RehabCan save at least two of the following- Electric, Drywall, Flooring, Plumbing (likely touch ups in the other two)Redo KitchenRedo Existing BathroomsNo framing or architect plans neededPaintFinish BasementAdd a split unit to existing duct work (prevent from tearing up existing plaster/drywall)*Think of a grandma home that does not have knob and tube and has been on top of roof/windows so we aren’t as worried about mold/water damage*Light RehabComps do not need a finished basement or basement is finished to comp standardComps do not need HVAC or you can just add split unit to existing ductworkKitchenBathroomFloorsPaintNo major rehaul of mechanics needed (aka do not need to rip out walls)LipstickPaint, Floors, appliances in the most basic sense ARV Range Full Gut Moderate Light Lipstick +450 (A+) 150-300 N/A N/A N/A 380-450 (A) 90-120 70-75 N/A N/A 270-400 (B/B+) 85-100 60-70 N/A N/A 210-270 (B-) 75-80 60-65 45-55 N/A 170-210(C/C+) 65-75 50-60 40-50 15-30 140-170(C-) 60-70 50-60 35-45 10-20 120-140 (D) 55-65 40-50 25-35 5-15 Philly Neighborhoods Breakdown:A+ : Obvious Prime Real Estate.
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29 January 2025 | 28 replies
just start generating leads and start talking to people and when you’re not doing that educate yourself also hire a mentor just basically get active..
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17 January 2025 | 9 replies
;-)I am starting to read books, audiobooks, and this site to builda basic understanding of RE investing in 3-6 months.
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15 January 2025 | 11 replies
We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.
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19 January 2025 | 11 replies
Courses and webinars are great if you're getting basic information to help start you off, but you'll never truly retain the information if you don't apply it.