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6 August 2020 | 9 replies
@Dave Spooner I came to that time frame for a couple of reasons:1) It's a few months after the two-year requirement for exempting up to $250k in gains, so there's no pressure to rush the exit2) The upgrades I have planned can be done in stages, so it smoothes out the capital spend3) There's (in my opinion) going to be a lot of wreckage from COVID-19, none of which we can predict right now, so to me FY 2021 has a better-than-even chance of being a recovery year for the type of first-time buyer that this property would be attractive toUltimately, Q1 '22 takes us past the majority of the major uncertainty, and isn't much past the two-year mark that's required to get the exemptions.
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2 August 2020 | 1 reply
As far as I can tell, I'm at a stage where I need to start networking, making calls, and taking action on property.
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3 August 2020 | 3 replies
Joe of this forum has a great staging operation.
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3 August 2020 | 10 replies
@Mike Franco most often the wholesaler already has it under contract to be legally sold to them, they just intend to transfer title to the end stage buyer for a fee.
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14 August 2020 | 3 replies
Due to the early stages of COVID-19 everyone stopped lending.
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4 August 2020 | 4 replies
Egress windows in the bedrooms.I would also design how you would lay out the basement during your initial construction, so you don't run into an issues that could have easily been fixed at this stage.
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8 December 2020 | 4 replies
I’min the re-finance stage on my BRRRR deal.
16 August 2020 | 6 replies
If you get a large enough building, finish it out in stages.6Market locationSeek your higher income areas first.
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5 August 2020 | 11 replies
At that stage of my career, I needed a mentor who showed me/taught me the profession.
4 August 2020 | 1 reply
I thought to list by owner and screen buyers myself at this stage would be the best option.