
29 August 2024 | 10 replies
After much discussion with my regular contractor I got him to realize that if he does the project instead of subbing it out it will only cost me about $7K.

28 August 2024 | 8 replies
I have maybe 3 or 4 states in mind, I am trying to see where I could move that would be the most cost efficient for me.

29 August 2024 | 2 replies
I need a reliable virtual address and digital mail forwarding service that can handle digital mail forwarding, scanning, and other essential business needs.I’m looking for something flexible, secure, and cost-effective.

29 August 2024 | 5 replies
It is increasingly common for a PM to charge a "leasing fee" which covers all the costs of marketing, showing, screening, placing tenant under contract, collecting deposit and rent, setting up utilities, getting the tenant placed, etc.If the PM can't justify the cost, then they shouldn't be charging it.

29 August 2024 | 3 replies
Yes, there are a lot of people who spend less than they make and have a surplus.There are others who are inheriting wealth from othersBut there is another subset that we often forget: those who have equity in their homes.Much of the equity has built up due to a runup in home values since 2020, which allows these people to use a HELOC to purchase a home for cash.When rates were low there was a group of people who were using Hard money to purchase and rehab buildings and then refinancing at the end this was the BRRR strategy.Hard Money is not an option these days since the cost of refinancing at the end of the project is too expensive.So when we see people paying cash, it is often pent-up savings and HELOC money that people use, and not as often Hard Money.

29 August 2024 | 16 replies
You still have to run comps on everything, determine construction costs & estimate ARV, carry & commission costs, etc to make sure that deal in that market makes sense.

30 August 2024 | 7 replies
Others have pointed out delays may require further negotiations with your lender which is almost certain to cost you more money.

27 August 2024 | 4 replies
Powerful, grounding, responses here.

28 August 2024 | 22 replies
I'm shopping insurance again this year because my first renewal is in May and Farmers is raising the cost by 30%.

26 August 2024 | 9 replies
Your debt to income ratio will be negatively impacted affecting your buying power/ ability to get new loans.