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4 September 2024 | 4 replies
(Note: These are non-negotiable requirements that must be provided) MBE/WBE/Prevailing Wage: All projects that seek City assistance are required to have a certain percentage of Total Project Costs (TPC) that are being performed by certified Minority Business Enterprises (MBE) 26% and Women Business Enterprises (WBE) 6%, as well as have labor costs that pay prevailing wage as defined by the State of Illinois.
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6 September 2024 | 19 replies
I'd be working quietly by myself in a research lab or in front of a computer.
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2 September 2024 | 5 replies
Keep in mind you’ll need a pile of cash (mostly to cover labor as your fill your home) to start the business or get a loan to start the business.
2 September 2024 | 8 replies
Quote from @Joe Semifero: Quote from @John McGuire: I'm trying to find a good program/app to manage collecting residential rents.
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1 September 2024 | 2 replies
@Joe F.Usually, this is done through a quitclaim deed.
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1 September 2024 | 8 replies
However, I have been trying to figure out possible creative financing options to build more without having to sell, but I cannot seem to find a lender willing to do 100% down on land and construction even though the LTV would be below 50% since I can basically build for costs of material plus minimal labor by doing almost all of it myself , with a little help here and there.
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2 September 2024 | 8 replies
@Conrado BalicustoMy thoughts for you…Long term holds are much less labor intensive than short term rentals.Cheaper C class rentals will let your investment funds to go further than buying A class properties.
3 September 2024 | 8 replies
Quote from @Joe Funari: @Stanton Ward Congrats on starting your REI journey.