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31 October 2024 | 4 replies
Include disposal of materials and debris management.
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29 October 2024 | 9 replies
Material participation.
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4 November 2024 | 26 replies
The bigger programs raised their rates ridiculously and provide a lot of generic outdated material.
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1 November 2024 | 19 replies
Do you mean the piece of material (either steel or concrete) used for repair, or one spot of a house that needs to be lifted?
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29 October 2024 | 12 replies
That seems like a huge headache, managing an STR from out of state and meeting the material participation hours from OOS.
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31 October 2024 | 2 replies
There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.
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29 October 2024 | 11 replies
@Nicole CotrinoKey factors: Do you materially participate in managing the property?
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31 October 2024 | 3 replies
In a bear market, it’s essential to buy well below market value and stick to high-demand features buyers are prioritizing.High Inflation: During periods of high inflation, the cost of materials and labor often increases, cutting into profit margins.
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31 October 2024 | 3 replies
There are tons of valuable posts, learning materials, and great individuals here on Biggerposckets- so this is already a good start.
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27 October 2024 | 8 replies
Can a long-distance investor be considered materially participating in their STR property?