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26 November 2024 | 13 replies
I think it can be profitable for seasoned real estate investors who have both the time and expertise to make sure their rehab project stays on budget, but I definitely wouldn’t recommend biting off more you can chew and doing BRRRR for your first deal.
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5 December 2024 | 34 replies
They take your electricity bill for the year and do a straight line calculation which is almost always wrong because your electrical company charges vary by the hour, and solar production vary by the hour / season etc.
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23 November 2024 | 6 replies
They may not take on new clients in the first quarter of busy season.
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23 November 2024 | 6 replies
Conventional financing would be difficult as they typically require 12 months seasoning to use the newly appraised value.
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25 November 2024 | 8 replies
Otherwise contract a service for the season that will automatically take care of for every snowfall.4) YES you need to heat them!
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21 November 2024 | 16 replies
As we sell through these items should we create a bank account with the llc to "season" the capital for when we are ready to reach out to a lender when we are ready to make our first investment?
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2 December 2024 | 33 replies
Cons - you have to wait a few months depending on the seasoning period to do the cash out refi.
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27 November 2024 | 15 replies
We do this for the busy season, then allow to trail off late in the year.
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5 December 2024 | 554 replies
and so many people sit on the sideline thinking there will be a real estate crash.Even if it crashes you still have a lot/a building/a home.I guess BTC is better than beanie babies or little football helmets....at least you probably won't have to take up garage space if it goes to zero.
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28 November 2024 | 184 replies
Quote from @Roberto Benoza: Season's greetings everybody!