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29 August 2024 | 2 replies
This includes things like cutting down the grass and installing a drain in the basement.
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31 August 2024 | 10 replies
And then split the profits.After you do two of these, the lender will likely increase your terms so that you can do them on your own and will get you closer to that 85 to 90% of the project close AND give you credit towards that down payment based on what you paid for the lot.A recently construction loan I did where I owned the lot free and clear, I was able to get a 300k construction loan and only came out of pocket at closing like 8k or something.
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31 August 2024 | 8 replies
This is also the reason I was able to purchase a solid standing triplex for 250k it's income potential is closer to 20-25% return a year.
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30 August 2024 | 12 replies
The closer you are to Fort Myers the higher the lot price.
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30 August 2024 | 12 replies
Beyond the lousy local policies that were enacted, the "gentrifiers" who are moving to the area will want to be in the housing closer to Fairmount Park and N 27th street is too far north or far west to attract Temple students.
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29 August 2024 | 4 replies
We chose to limit our liability, especially coming out of the pandemic situation by rebuying a rental closer to where we'd be in a market more favorable to landlords, so we bought in the Phoenix area.
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30 August 2024 | 3 replies
If the recommendations shared here will not make this a feasible area to invest in today, consider neighborhoods closer to the 1% rule.
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27 August 2024 | 8 replies
Hi, I have been on Biggerpockets and reading all the information i can get.We are getting ready to buy our first out of state investment property and looking in Austin.Looking for advise on which area is better, RR looks to be closer to the tech offices and some parts have great schools however Pflugerville is not too far either and schools are not abysmal like in proper Austin and the prices are lower.
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30 August 2024 | 29 replies
If you buy in an area around Lake Winnipesaukee or Winnisquam you may find the ability to rent to STR folks that want the lake, to skiers-Gunstock ski area is in proximity to Lake Winni, and there are some ski mobile trails a bit north of Lake Winni closer to Squam lake.
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26 August 2024 | 2 replies
@Nina PenuelaOne of the things we have seen, specifically in Ohio and Indiana is local building authorities target out of street owners with ridiculous fines and make life miserable.Had one where the porch light was out and charged a $50 fine.Another one claimed grass was not cut because it rained for 1+ week and did a $400 fine.