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Results (10,000+)
Samantha Stephens Purchasing a HUD home
25 November 2024 | 2 replies
We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules 
Kathy Diamond Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
Take for instance an “A” located 1 +1 duplex where units rent for $2,000/m and compare the building to an identically designed “C” located 1+1 duplex in the same market where units rent for $1,200/m.
Kristin Boekhoff Practical Questions for Small Multifamily
25 November 2024 | 8 replies
This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.
Lorenzo L. Starting a Syndication at 21 (NEED ADVICE)
4 December 2024 | 32 replies
Studying for and receiving the CCIM designation will be a solid plus.  
Jose Remor Leaving a property management company.
25 November 2024 | 19 replies
I have some web design skills (I'm an engineer, so easy to learn new programming languages) and I'm currently testing my new system to manage the tenants.
Anthony Dupre Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
If you are taking about dropping a million cash into properties each year, then yes you are going to want to have some type of reasonable corporate structure, but if you're talking about 25% down 100 grand properties with bank notes, all you really need is some decent insurance.
Fahima Hilal Problem with architect
22 November 2024 | 24 replies
Therefore it's quite normal for a design change to be an additional service fee. 
Gabe Chase How to Keep Things Streamlined...
22 November 2024 | 11 replies
Not essential but I've used it for other things and it's really cool when you are building out a new process, design, or work flow with your team as well.  
Account Closed East Fix or Unfortunate Replacement?
22 November 2024 | 2 replies
Stores like Home Depot or Ace will have products specifically designed for removing difficult adhesives, but you can also DIY with household products.
Lisa Bell Closing for a NON Profit
22 November 2024 | 9 replies
Non-profit or not, it will be UW as a business...the non-profit designation doesn't eliminate the lending review, just makes the proceeds non-taxable in order to be put to charitable use.