Joshua Michael Hauman
How I bought my first rental property as a broke kid in his 20s in 7 steps
2 May 2024 | 3 replies
They will tell you how much house you can afford.Step 6: Work with your agent to make offers on properties that fit your criteria.Step 7: Do this until an offer is accepted, conduct due diligence and proceed to closing your first deal!
Anthony Talley
first post on BP
2 May 2024 | 0 replies
Scope of Work:Initial Assessment: Our team conducts a thorough assessment of the property to evaluate its current condition, identify structural issues, and determine the scope of renovation required.Design Concept: Collaborating with architects and designers, we develop a design concept that blends contemporary elements with the historic character of the row house, maximizing space utilization and optimizing layout efficiency.Structural Repairs: Structural repairs and reinforcements are undertaken to ensure the integrity and stability of the building, addressing any foundation issues, roof leaks, or structural deficiencies.Interior Renovation: The interior of the row house is completely renovated, including the removal of non-load-bearing walls to create open-concept living spaces, installation of new flooring, upgrading electrical and plumbing systems, and installing energy-efficient fixtures and appliances.Kitchen and Bath Remodeling: The kitchen and bathrooms are transformed with modern finishes, custom cabinetry, quartz countertops, and high-end appliances, creating functional and stylish spaces for daily living and entertaining.Historic Preservation: Special care is taken to preserve and restore original architectural features such as exposed brick walls, decorative moldings, and hardwood floors, enhancing the property's historic charm and character.Exterior Enhancements: The exterior of the row house receives a facelift with fresh paint, repaired masonry, restored windows, and landscaping improvements, enhancing curb appeal and contributing to the overall aesthetic appeal of the neighborhood.Quality Assurance: Throughout the renovation process, our team adheres to strict quality control measures and standards, ensuring that workmanship meets or exceeds industry best practices and building codes.Finishing Touches: The finishing touches, including interior decor, lighting fixtures, and hardware, are carefully selected to complement the design aesthetic and create a cohesive and inviting atmosphere.Timeline and Budget:The single-family flip project in the Philadelphia row house is estimated to be completed within [timeline], with a budget of [budget].
Sanjeev Advani
Leveraging Technology and Sustainability in Real Estate for a Profitable Future
2 May 2024 | 2 replies
Here are a few ways technology is revolutionizing the real estate sector:Virtual Reality (VR) and Augmented Reality (AR): VR and AR technologies allow potential buyers to tour properties remotely, providing a realistic sense of the space without the need for physical visits.Blockchain and Real Estate Transactions: Blockchain technology offers a secure, transparent way to conduct real estate transactions, reducing fraud and speeding up the process.Property Management Software: Modern property management solutions automate many aspects of property management, from tenant screening to rent collection, making it easier and more efficient to manage rental properties.Embracing Sustainability in Real EstateSustainability is no longer just a buzzword; it's a critical consideration for the real estate sector.
Andrew Heimann
New investor to Kansas city market
2 May 2024 | 8 replies
Seek professional advice from real estate agents, financial advisors, and mentors in exploring multiple avenues for finding your first property; Conduct thorough due diligence.Good luck!
Peyton LaBarbera
EMD with Auction Properties Question
3 May 2024 | 8 replies
MMX-CV23-6038591-S the property named above will be sold, subject to court approval, at public auction on Saturday, May 11, 2024 at 12:00 PM on the premises.Anyone who wants to participate in the bidding, except the foreclosing plaintiff, must register with the Committee prior to the auction and present for the Committee’s examination a certified or bank check made payable to the bidder in the amount of $25,200.00Qualified bidders will be issued numbers, and bidding will be conducted and recorded by those numbers.
Long Bui
Looking for a start of my journey.
2 May 2024 | 7 replies
You can conduct regular inspections and handle tenant concerns promptly.
Nicholas D'Andrea
Rental Posting - Not many leads
2 May 2024 | 9 replies
I didn't conduct a deep dive in to the neighborhood comps but this initial observation points to a pricing issue.
Quiana Berry
Out of State Investing in Travel Nurse Rental Multifam
3 May 2024 | 32 replies
Online real estate forums, local investor networks, or social media groups can be great resources for finding success stories and experiences from investors who have achieved positive outcomes in lower competition markets.Analyze the property: When evaluating an available property, you should conduct a thorough analysis.
Sharon R.
Virtual Closing comfortable and safe?
2 May 2024 | 6 replies
I may be paranoid but it really feels safer to me to see buyer / seller in front of me with the attorney in charge, for some bizarre reason, when a person who had an online $100 or less class to become a public notary has the seller / buyer sign legal documents, I don't feel it's a safe way of verifying their identity and generally speaking I feel conducting these large deals with a table closing when all parties are present is way better.. or at least choose an agreed third party to verify identity of all parties (like a different law firm) is that just me being paranoid or is it a legitimate scare?
Shanna Chan
Shadow on creative financing deals?
1 May 2024 | 4 replies
While I understand the concepts nothing beats seeing these deals in action.I would be grateful for the opportunity and am happy to offer my assistance in conducting research, organizing materials, or handling administrative tasks in return.