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10 February 2025 | 62 replies
For value add you need to buy deep, have reputable contractors, and understand different financing products + creative finance.
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17 December 2024 | 3 replies
@Dani Murai, while I can't give you a name of anyone in your area (I am not from there), when you are interviewing contractors, here are a couple things I have seen:I avoid any contractor that has a draw schedule based on percentages, i.e. 1/3 up front, 1/3 at halfway completed and 1/3 at completion.
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31 December 2024 | 0 replies
One challenge was coordinating rehab work within tight timelines to minimize holding costs, but we navigated it by hiring a reliable contractor.
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17 January 2025 | 21 replies
I’m located right outside the Akron area and work primarily with out of state investors (I’m a contractor/handyman) ask me anything about the area I’d love to help!
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31 December 2024 | 0 replies
The hard money lender I worked with was instrumental in closing quickly, and I partnered with a fantastic general contractor who helped me stay on track despite the challenges.
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31 December 2024 | 0 replies
The hard money lender I worked with was instrumental in closing quickly, and I partnered with a fantastic general contractor who helped me stay on track despite the challenges.
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30 December 2024 | 3 replies
Confirm that the warranty applies to the type of property you own and consider whether the annual cost and service call fees make sense compared to just handling repairs yourself or using your own trusted contractors.
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30 December 2024 | 4 replies
You can read a book and multiple books, but unless you are out there doing it (I.e. getting bids and getting contractors to truly get you an exact estimate) you will be far off from the numbers you want and may even lose money on the flip/rehab.The best advice I would suggest in my experience is that you should get into the line of work by either partnering with someone or working with someone on some projects prior to going into a flip on your own.
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18 December 2024 | 11 replies
Purchase price: $1,500,000 60k sqft office building that we are redeveloping into 78 market rate apartment homes in 2026.
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5 February 2025 | 29 replies
If you’re someone who wants a hands-off investment without the headaches of managing tenants, contractors, and repairs, turnkey investing can be a solid choice.