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24 September 2024 | 49 replies
When standards eliminate both disabled and able bodied persons there can legally be no violation of the law.Your moral outrage and righteous indignation is misplaced.PS. if you are suggesting that a disabled vet is somehow different from any other disabled person that would be discrimination.
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24 September 2024 | 0 replies
Easy return, purchased new from the builder, great ROI off the bat. 0 repair cost first few years.
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9 October 2024 | 312 replies
two of the best wealth builders House hacking and then selling a primary with the 250 or 500k owner occ totally tax free .. :)
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24 September 2024 | 4 replies
I have partnered with a number of production builders that are starting to do what you mentioned.
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24 September 2024 | 8 replies
Southern impression is primarily a single family home builder and their floorplans are all too large for profitability. they are overbuilding each unit and adding unnecessary things like garages that don't get you any income and only drive the construction values up. a garage on it's own isn't with much more than what it's built for and doesn't really add to the equity gain in new construction
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25 September 2024 | 7 replies
When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.
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27 September 2024 | 16 replies
I would like to get in but talking to the builder with their associated lender they say I would need at least 20% down and pay a higher apr since this is a second home.
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23 September 2024 | 2 replies
So we're looking at building to rent as a long term investment.We've already done all of the financial side, so that's all set and happy and ready to go when we are.However, all we're hearing right now is that all builders are super-busy and taking jobs 1-2 YEARS in advance.
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23 September 2024 | 13 replies
Most builders offer a one year warranty.
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20 September 2024 | 2 replies
Hi BP Community,I’m a house flipper in the Oakland / SanFrancisco area, and I’m seeking recommendations for insurance agents who can assist with securing builder’s risk insurance.