Brandon Weis
Collection Agency Recommendations
14 January 2025 | 1 reply
We have tried multiple local collection agencies, and we have not received a penny for over a hundred thousand dollars of bad debt submitted to them.We keep hearing, "It takes time" but it's been well over a year with the most recent one.
Christian Conti
Anyone have any Farmfolio Experience?
3 February 2025 | 5 replies
There is more maintenance cost when they are small keeping the grass down.
LaShon Evans
New Late Start OOS Investor - concerned about assets/need LLC?
4 February 2025 | 4 replies
It's a small rural area about 3 hours S of Anchorage- not exactly a hot RE market, but we love living here and my husband has a fabulous job with about 12-15 years left in his career.
Jay Fayz
House hacking as a student
28 January 2025 | 8 replies
Then any rental income you could obtain from that property could be used as an income source for loan pre-qualification.
Nancy Maignan
Looking to invest in Carrollton ga looking for pros and cons
29 January 2025 | 1 reply
I am looking at Carrollton ga to invest in long term rentals either SFH or small multifamily.
Ahmed Al-Absi
Flipping houses in San Diego County
3 February 2025 | 1 reply
Good morning everyone, I have successfully incorporated flipping houses as a new method of investing in Real Estate after 7 year of buying and holding small to large multifamily properties.
AJ Wong
Could Trump shock Short Term Rental markets with Tax Loop Hole for AirBnB Investors?
24 January 2025 | 6 replies
It will be extended, we'll see a reduction in regulations that hamper small businesses, and we'll see new regulations that help small businesses.
David Sotomayor
Seeking Advice: Using a Cosigner for Fix & Flip
2 February 2025 | 4 replies
If the cosigner is not contributing funds but is just helping secure the loan, whats a fair way to compensate them?
Devin James
Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up.
Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
I’d pay my 0% interest for a year credit card loans and 401k loans off asap then repeat.