
25 July 2021 | 7 replies
This also assumes only 22 days in rental and does not consider higher performance months during which occupancy rates exceed 22 days in rental.

22 July 2021 | 11 replies
And sign a bunch of extra legalese stating that GC is not responsible for anything that occurred as a result of work performed prior to such and such a date.You will probably find someone, but I wouldn't take the first anxious GC that comes along, because an experienced GC will be very leery about getting involved at this point (and they shouldn't need the work anyway)

21 July 2021 | 10 replies
The only thing I could think of is maybe if they have a very small % of ownership in the building (and I mean maybe 5% or so) and they take more of a payout up front and less of a payout as the property performs and appreciates; but again a good operator realizes that having equity in an asset is valuable so I'd be cautious of this type of setup.

19 November 2021 | 11 replies
If one property isn't performing well, the others can compensate.

22 July 2021 | 4 replies
Here in Texas the title company performs this due diligence very early and sends to the buyer a title commitment that outlines any additional liens.

14 August 2021 | 15 replies
If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.Personally, I am very bullish on New York and NYC itself.

19 July 2021 | 1 reply
I self-performed the design and construction management.

21 July 2021 | 1 reply
You can get into your first property with as little as 3-3.5% down but when you factor in closing costs, attorney fee, inspection, appraisal and miscellaneous expenses, you're looking at an ALL-IN 10% up front expense for your first deal.In addition to boosting your buying power through saving and building your credit, you should also be building your network.

4 August 2021 | 24 replies
But I'm using the current RE craze to exit all of my OOS properties as I've found that my multi-units within CA simply perform much better and have appreciated much more as well.
20 July 2021 | 11 replies
You wasted their time (in their opinion) by not being able to perform on your end.c) This is a business...