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7 December 2024 | 0 replies
Purchase price: $179,000 Cash invested: $25,000 Sale price: $500,000 Replaced windows, remodeled kitchen and bathroom, replaced siding What made you interested in investing in this type of deal?
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17 December 2024 | 13 replies
Programs that market themselves as shortcuts often cannot replace the depth of understanding that comes from study, experience, and engagement with the legal framework surrounding real estate.Consider taking time to familiarize yourself with local laws and regulations.
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9 December 2024 | 1 reply
Therefore, we can be manipulated or our judgement can be affected by anything that happened during the day.It's called social engineering and it has multiple variants.
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6 December 2024 | 4 replies
You can determine what a decent salary would be for someone in your market and then reverse-engineer to see if what you're paying as a salary, plus the projected performance commission, will get you there.
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11 December 2024 | 6 replies
Tiling your tub surrounds to the ceiling not only looks nicer, but also helps waterproof the area better, and will likely never need replaced (versus vinyl surround which last about 3 yrs before tenants start cracking them, in my experiences).
6 December 2024 | 2 replies
Lawyers, engineer, architect, expeditor, surveyors, etc pile on the fees quickly.
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11 December 2024 | 6 replies
Personally I only use my HELOC on short term projects like flips, new builds and BRRRRs where I know I will be replacing the capital within months.You may be better off waiting a year and save up more cash or liquidate your index funds if the returns on a property will be better.
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6 December 2024 | 12 replies
Quote from @Brent Thomas:@Adam Reilly I would assume you are civil engineer based on this last response.
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3 December 2024 | 12 replies
@Ryan LudwickStart your real estate investment journey by leveraging engineering skills to analyze markets, spot trends, and build a team.
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9 December 2024 | 2 replies
Ones of the biggest was that we had to completely replace all the old electric, luckily we were able to save in other areas of our budget to offset most of the costs but not all of them.