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24 December 2024 | 2 replies
I recently changed the rental type to "whole house" and the fraudulent listing also adjusted its rental price.
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17 January 2025 | 40 replies
Several participants made the point in response that the county for a very long time has stood in the way of affordable housing being constructed, first and foremost by zoning, and that an STR ban isn't going to solve the problem.
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15 December 2024 | 9 replies
I have an agent that's recommending a new construction in that zip code.
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30 December 2024 | 14 replies
I'm looking around to find some investors to take it from me and just feel a little lost with dispo, i want to make my deals super sweet sugar coated cherry on top for all my investors on my list so what i ask is if you can rip apart this deal for me and make sure i have enough meat on the bone for my investors, below are the statsFirst off address, 1011 Richard Bell Ave Perry FLPurchase price $110,000Seller says the bank is willing to let go of mortgage for $91,000ARV $180,000-$200,000Needs new roof (20 years old) and central ac system went down about a year ago (around 4k for 3 ton ac)Ive been in roofing for about 2 years and im estimating the roof will cost between 18k-20kI take constructive and negative criticism very well and i only want to improve, no opinions are unwelcome i want full scrutiny with this deal please.
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30 December 2024 | 7 replies
I also added language to make it clear that any temperature adjustments should be reasonable, so it’s not left open for tenants to make claims.
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31 December 2024 | 3 replies
The type of information needed depends on if the building is being constructed in the future or if the building already exists.
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28 December 2024 | 1 reply
This allowed me to get a construction loan to repair the other buildings and repay my investment into the property.
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17 January 2025 | 24 replies
If you are not rolling over to a custodian, but just changing the plan administrator and recordkeeper, you should be able to retain the titling of the investments, which may simplify the process. 3) You should be able to retain the current bank account for the Solo 401(k), but may need to switch to a banking partner that is more compatibly with the Solo 401(k) platform you use. 4) If you have a self-directed brokerage account tied to the Solo 401(k), you may need to make some adjustments there.
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7 January 2025 | 22 replies
This is calculated after accounting for all expenses, including taxes, insurance, utilities (water, sewer, garbage, electric, gas), and an allowance for maintenance costs (typically 5% of gross rent, adjustable based on the building's condition), as well as management fees.I invest in the Binghamton, NY area both as an investor and as a realtor.
29 December 2024 | 9 replies
Typically when you see "cash only" the agent doesn't believe the property can pass a home inspection which isn't relevant for construction loans in most instances and there are plenty of banks, hard money lenders etc. who offer construction financing on distressed buildings.