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8 January 2025 | 11 replies
I am currently employed as a project engineer working for a GC that builds multi-family projects.
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12 January 2025 | 5 replies
Then you'll have to figure out how you fund the project (land purchase + build costs).
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14 January 2025 | 9 replies
Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!
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28 December 2024 | 1 reply
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $8,000
Cash invested: $20,000
In 2013, I decided to put much of what I had learned from books into action by purcha...
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13 January 2025 | 25 replies
Large construction projects. 2.
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29 December 2024 | 16 replies
I started at $500 over LTR rates and bumped it up $50 in between each tenant until I felt like I hit the ceiling.
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4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
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8 January 2025 | 16 replies
Forcing appreciation on properties requiring work is a longer term goal but I’d like to start with a simpler project.
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10 January 2025 | 6 replies
There are plenty of entry roles from cold calling, scrubbing data and find deals for investors, leasing assistant, work on construction sites, office admin, project coordinator, Title assistant, RE photographer, transaction coordinator.. on and on.
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10 February 2025 | 59 replies
Quote from @Tim Halbert: I've been using Obie for several rehab projects in TN.