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24 July 2024 | 9 replies
I am told that it is more expensive for sellers to accept VA offers because of Termite inspections and repairs and many other costs.
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25 July 2024 | 10 replies
In person its a place I could see maybe doing an investment or two in but its not where I really want to set up shop (I mean that literally; set up a home and also set up a wood shop - so I can build custom cabinets and stuff).If Santa Cruz, CA ever goes on sale then I'll go there and suck it up with CA laws and cost of living, but for the foreseeable future it is not even a remotely viable option; I looked at a fourplex there generating $10k in monthly income and priced at $2,700,000.
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24 July 2024 | 0 replies
Can I write off all expenses from the trip, such as hotel, meals and travel costs like gas, or airfare?
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25 July 2024 | 10 replies
.- It's been well kept- Between transaction costs (e.g. broker fees, transfer fees), capital expenses, tax recapture I would need to sell it for $1.9M to break even.- At it's height (2022), it could have sold for but $2.7M.
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24 July 2024 | 4 replies
Do Bp still offer Rehab cost estimator?
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24 July 2024 | 4 replies
Does someone know a range of how much $/sq ft a parking space costs in a busy area say downtown Dallas vs non busy area?
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24 July 2024 | 8 replies
Cost is much higher to finance under $150000 sales price.
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25 July 2024 | 5 replies
Memorial Day to Labor Day will pretty much take care of itself, but adding in amenities like a hot tub and a sauna will help you draw in more traffic and bookings even when there's a foot of snow on the ground.Just to touch on the LTR option, I don't know if this would get you the kind of returns you'd be looking for to even cover your mortgage, let alone cover any maintenance/capex/management costs the property might require.
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24 July 2024 | 6 replies
Work with the local experts- talk with local zoning officials, engage architects, and reach out to contractors to understand the cost and feasibility of your project.Run your numbers- do some forecasting and layout some financial models to project costs, revenues, and returns.Make sure you are utilizing your team- aforementioned real estate broker, financial advisor/ CPA, and lawyer and others as you go.Best wishes and good luck.
25 July 2024 | 2 replies
I'll incur start up cost setting up my STR; like furnishing my STR.