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6 December 2024 | 2 replies
I have worked my entire career in construction and last 2 years performing entitlements, permitting, and construction for industrial developments along the Wasatch.
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6 December 2024 | 4 replies
You can determine what a decent salary would be for someone in your market and then reverse-engineer to see if what you're paying as a salary, plus the projected performance commission, will get you there.
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11 December 2024 | 11 replies
While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.
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9 December 2024 | 20 replies
If a seller listed a home for $100,000 but was willng to sell for $94,000 as that was likely the FMV, it would be the same to him if he accepted $100,000 with a 6% seller credit or $94,000.I looked at the zip codes of lower priced homes in Memphis, Cleveland and Indianapolis and they appeared to perform betterMemphis38105 - Prices were $35,700 in 2016 and now $116,000(220%)38106 - Prices were $21,600 in 2016 and now $60,900(180%)Cleveland44108 - Prices were $34,000 in 2016 and now $59,800(74%)44104 - Prices were $36,300 in 2016 and now $60,400(66%)Indianapolis46201 - Prices were $42,900 in 2016 and now $149,000(247%)46222 - Prices were $39,000 in 2016 and now $127,000(225%)I should mention that I don't invest in Memphis, Cleveland or Indianapolis.
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6 December 2024 | 3 replies
Do you have a rent roll for at least the last 2 years, so you can see how it has performing?
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19 December 2024 | 82 replies
It's performed well (except for the air conditioner broke) but was also more work than anticipated.Part of the question with regards to house-hacking is your current living situation.
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12 December 2024 | 49 replies
As the legally required small print in the offering of financial products reads: "Past performance is no guarantee of future performance".
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10 December 2024 | 25 replies
AND have provided the 150 hrs of material participation and not have had any other person perform longer work hours than you.
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9 December 2024 | 9 replies
If the city ever wants to add sidewalks or run utilities underground, those homeowners will be out of luck.PS: I have never seen a juridisction pay to remove items in an easement or compensated owners for performing work in an easement.
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9 December 2024 | 0 replies
We will continue to observe the performance of this property and eventually will build a second house next to it.