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25 January 2017 | 13 replies
The Fixed Costs would have to take into account all the purchase, holding and sales costs for the duration of the project (including any construction loans).
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12 June 2015 | 6 replies
One thing i have read time and time again is that whatever you choose to do, do it consistently and for a long enough duration.
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29 June 2015 | 10 replies
I plan to live in one unit and rent out the second for the duration of medical school.
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17 June 2015 | 1 reply
Currently in process of closing on a year and half long short sale proceeding where assistance is needed in locating funding source to provide financials for 31 day period in between A --> B and thereafter --> C closing.Arms Length Affidavit permits for listing to be transferred prior to 30 days and need lien loan provided for duration of ALA.Any/All referrals will be very much appreciated
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25 June 2015 | 9 replies
I have both exclusive (meaning they cannot sell the land to anyone else during the duration of our agreement) and I also have a non-exclusive, just in case they're not comfortable tying themselves down to me.
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14 May 2020 | 2 replies
Make a column for each of the following:Task #Task NameDuration (You can either input the duration and then add it to the start date to calculate the End Date, or you can enter the Start & End dates and then calculate the Duration, which can be hours or days.)Start DateEnd Date% CompleteResource (Who does it or who is responsible for making sure it's done)Dependencies (What has to happen, before this task can happen...use the task #'s to link your dependencies)Cost (how you get this is determined by the type of cost, if it's hourly labor, you can have a rate column and multiply it by the duration, as long as the duration is in hours.
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12 January 2016 | 19 replies
I got married a week after we bought the house and jumped right into it after our brief 4 day ‘mini-moon’ on the Oregon coast.Since it’s the first thing everyone want’s to know; Here are the numbers:Home Specs:Before – 2 Bed, 1 Bath; After - 4 bed, 3.5 bathPurchase Price of House: $365,438Total Rehab Costs (incl. architect, engineer, & permitting): $336,888Soft Costs/Holding Costs: $8,774Total Purchase + Project Costs: $711,100Final Sale Price of House ($55K over asking): $885,000Realtor Fees: $42,038Gross Profit for Project: $131,863The duration of the project from acquisition to design, land use review, historic committee, construction and final sale was just over 13 months.I’m going to chalk this one up as a WIN.
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29 October 2021 | 24 replies
I agree that recapture is higher than LTCG, but the accelerated depreciation would be offsetting ordinary income during the duration of the deal.
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25 October 2021 | 2 replies
Hey Jacob,If this is a leased property, you will need to know the lease rate, service (type of lease), term (duration), and what expenses you would be required to pay.
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23 October 2021 | 9 replies
I charge less than most other people do on here, but I have the longest duration of tenant occupancy.