Dennis Morrissey
Private Money vs. Hard Money: Which is Best for Your Real Estate Investment Strategy?
22 August 2024 | 4 replies
It can also be a professional company that uses private money to do loans, and gets investors, as opposed to government secured loans.
Matt Myre
Can the President Even Do Anything About Housing?
22 August 2024 | 1 reply
The biggest lever the Federal Government has is tax policy.
Account Closed
Vice President Harris Announces Economic Agenda
21 August 2024 | 182 replies
The Government has NO money.
Bobby Sharma
WORST cities for permits, code enforcements, city inspectors
26 August 2024 | 28 replies
I am familiar with the "rudeness" but that unfortunately is not so uncommon when dealing with government employees who have to deal with the public on a daily basis and is something you just have to have thick skin for.
Lindsay Heller
Major for college?
23 August 2024 | 19 replies
It pays well and allows you to build connections in the real estate world (if you are working privately and not for the government).
Account Closed
is Renatus the Real Deal or a Scam?
30 August 2024 | 70 replies
The world is a MLM led by the largest....the government.
Samuel Coronado
Getting ready to develop park
21 August 2024 | 9 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
Peter Firehock
Springfield Virginia (Washington D.C. Suburb) Buy and Hold Thesis
22 August 2024 | 10 replies
What if the next regime downsizes government or we continue to decentralize it?
Charlice Arnold
Referral Programs in Real Estate: What Works Best?
21 August 2024 | 4 replies
In the parlance of the Federal government, such loans are called loans on one-to-four family dwellings.
James McGovern
Is the ability to negotiate realtor commissions a form of Fakenews?
20 August 2024 | 18 replies
MLS does not display (and govern) buyer agent co-boke, so no buyers need to sign a buyer agency with an agent before showings.