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12 February 2025 | 17 replies
After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property?
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4 February 2025 | 1 reply
Want to contribute the the community before I start asking for help.
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14 January 2025 | 17 replies
So yes, you can have solid concrete walls, it's still going to burn down.I have read that worst case up to 80 million Americans will relocate in the next three decades.
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11 February 2025 | 2 replies
Hi All - This is a funny request but my fiancé and I recently did an exercise together where we wrote down 10 things we are grateful for, 5 goals of ours for the next two years, and 5 goals of ours for the next five years.
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9 February 2025 | 2 replies
He has a staff of 3 or 4 assistants to handle the details, and his break even every month is $30K.
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23 January 2025 | 7 replies
You can attend all the REIAs and read all the books and sign up for all the conferences, and spend all the money, and you are will never really know you can do it until you do.Over 20 years in real estate in various forms and roles, action will beat out intelligence or education or even network 100% of the time.
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22 February 2025 | 109 replies
OH gosh I just read this and this is what led a company I worked for in the 80s into a massive BK loaning between partnerships..
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8 February 2025 | 22 replies
Read my Utilities 101 below to see some options.
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18 February 2025 | 7 replies
I know this is not true because I've used IDI data since 2019 and it's the best on the market.
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18 January 2025 | 5 replies
Unless you have a clause in the purchase of the entity that clearly makes you responsible for the entity from the day that you buy it(Indemnification) I wouldn't bother with the LLC.Good luck man. all the best!