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11 September 2024 | 8 replies
@Sharon Patterson, any rehab is a "project" and basic project management principles state that there are 3 key interrelated aspects to all projects: time, scope, and cost.
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12 September 2024 | 8 replies
I'd think if you had a cleaner come in to handle that aspect and then used an app to manage the leases and things you'd be in pretty good shape.
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15 September 2024 | 19 replies
What aspect(s)?
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11 September 2024 | 1 reply
Are there specific aspects that are unique to rental properties?
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11 September 2024 | 3 replies
These are critical aspects that can influence not only your budget but also the overall feasibility of the project.However, if you’re looking for a lower-cost value add, turning the shed into a high-quality storage space could be a solid first step.
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16 September 2024 | 35 replies
hey Joe, happy new year :) He is mostly into multifamily rental properties, so he focuses more into that but also covers other aspects of real estate.
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11 September 2024 | 22 replies
Our approach is investor-focused, ensuring that each build not only meets but exceeds market demands in terms of both quality and potential returns.I'm curious—how have you found the transition to handling all three aspects of development?
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10 September 2024 | 1 reply
This is an interesting project with several aspects to consider.
11 September 2024 | 8 replies
Velocity of money, or speed in which you can complete a BRRRR investment and repeat, is key to success, and refinancing with the shortest seasoning requirements is highly important.Loan terms and interest: Cash flow is also an important consideration for a refinanced rental property, so attaining a low interest rate, as well as other aspects of loan structure (term, amortization, or interest only, etc.), plays a big role.Generally, there are three main refinance options for BRRRR method investors: Conventional loansBank/credit union loansDSCR loansConventional loans are generally defined as loans originated under GSE (Fannie Mae/Freddie Mac) rules and guidelines and securitized.
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12 September 2024 | 32 replies
Unless there is a heavy value add aspect, seller financing, assumable loan, or some other "deal".