Corey Block
Physically moving a house
15 November 2024 | 6 replies
The key is finding a reputable house-moving company in your area that can handle permits, utility disconnections, and logistics.
Robert Frazier
Adding an ADU in a flip
22 November 2024 | 1 reply
A standalone ADU is almost always going to cost more than doing an addition, so the value added or cash flow increases will have to justify each.I work with a team of investors who will buy SFR homes then build a new ADU on the lot and add a separate drive way and meters for utilities in North Texas.
Joel Fischer
Padsplit hosting experience
13 November 2024 | 9 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
Taylor Davila
Converting single family into multifamily
23 November 2024 | 2 replies
You might have a home that literally takes one dividing wall of 2x4s and a kitchenette, or you might have a home that you need to add exterior doors, breaker panels, relocating utilities, etc.
Eamon Conheady
Do not use this lender!
19 November 2024 | 16 replies
Quote from @Eamon Conheady: I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan.
Don Konipol
Borrowers: what they say…….and what they mean
22 November 2024 | 1 reply
The property cash flows at a 15% ROI…………………..before insurance, debt service, utilities, management, vacancies, repairs, maintenance, payroll and property taxes7.
Dean Gullo
New Real Estate Investor Southington, CT
22 November 2024 | 5 replies
Utilize Meetup.com or Eventbrite for real estate investing groups, BiggerPockets forums, CTPOA, and local events to connect with landlords, agents, and property managers.
Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
I have come so far (daily personal Finance sheet, opened a small business, bough a home, and utilized as many tax strategies as best I can), yet I still feel so far from my freedom.
Trenton Miller
How to Financially Analyze Unimproved Land for Tract Home Development
21 November 2024 | 4 replies
This step would include understanding City zoning & platting, locating utilities, researching City codes for development requirements (big ones include detention), etc.
Donald DiBuono
Mobile Home Park Development
18 November 2024 | 9 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!