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23 December 2024 | 3 replies
I browsed sites today for an upcoming trip and their inventory is expanding.
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28 December 2024 | 13 replies
There was a recent webinar, bottom line, it looks like Darryl Heller sold off many of the ATMs, didn't pay the people who put the cash in them, didn't pay the stores that have them on site, isn't providing information to David Zook's team that the court has ordered and is racking up something like $50k+ a day for not doing so...it is a complete mess and seems like there are only a fraction of the ATMs that might still be producing money but the company hired by Zook to get their hands around all of this is running into many roadblocks because Heller's team isn't providing info.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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22 December 2024 | 4 replies
I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units.
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25 December 2024 | 1 reply
Refer to the frequently asked questions on the third slide. https://www.hud.gov/sites/dfiles/SFH/documents/MO_203k_Progr...
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24 December 2024 | 1 reply
Even in disclosure states, sales data is not all reported to the sites so you need the MLS to be the most accurate.
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26 December 2024 | 18 replies
We also have infrastructure in place at a build site for a 3rd unit on property.
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4 January 2025 | 14 replies
BP being 90% landlord business thats what most folks on this site are trying to scale.
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25 December 2024 | 11 replies
There is a web site that lists all the section 8 housing, so people might be also be looking there.