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17 January 2025 | 40 replies
I listened to all the previous hearings and the general sentiment was acknowledging that STRs are critical to the area's massive tourism industry and just banning them is not wise for the local economy.
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13 January 2025 | 25 replies
Large construction projects. 2.
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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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8 January 2025 | 12 replies
The market does offer lower priced investment opportunities and higher cashflow returns, with ongoing revitalization projects like the DORA boosting appreciation potential.
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3 January 2025 | 1 reply
Purchase price: $58,500 Cash invested: $55,000 Sale price: $155,000 Contributors: Peter Vekselman Partner Driven and Carol Tarnowski teamed up for a transformative project on 14th St, Fond du Lac, WI.
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27 December 2024 | 0 replies
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $8,000
Cash invested: $20,000
In 2013, I put my knowledge into action by purchasing a two-bedroom home for $8,000 a...
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9 January 2025 | 0 replies
I would not use our money for the next project.
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21 December 2024 | 1 reply
Purchase price: $205,000 Cash invested: $350,000 Our first project together.