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23 January 2025 | 2 replies
There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.
4 January 2025 | 5 replies
If you have specific questions about property management, I'll be happy to help!
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17 January 2025 | 4 replies
Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.
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22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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25 January 2025 | 6 replies
I am currently based in Canada and am looking to embark on my real estate investment journey in the United States, specifically focusing on multifamily properties.
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25 January 2025 | 29 replies
Look up the courses taught by Justin Kivel, specifically the Pro forma modeling course and the real estate financial modeling boot camp.
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27 January 2025 | 7 replies
Specific example, I tell all my owners that any minor repair less than $150, i will fix for free.
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16 January 2025 | 5 replies
Feel free to reach out if you have any specific questions, as an investor or a lender happy to share any advice I can!
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17 January 2025 | 14 replies
Unless you are going for a specific look, there’s no reason for an expensive toilet.
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22 January 2025 | 14 replies
Lenders desperately need/want business especially in this interest rate environment (right now, the main source of mortgage loan business in Florida is rehab financing as a result of the hurricane damages) and one way the big players differentiate themselves is by streamlining the process.