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2 February 2025 | 1 reply
The family viewed the house, loved it, and requested that I install satellite TV and add it to the costs, which I did.
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29 January 2025 | 10 replies
They are a bit undersized but perfectly suitable for 1 bedroom apartments and the slight increase in costs is far less than the costs associated with venting the units properly.
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
21 January 2025 | 4 replies
Rehab cost overrun is where most BRRRR investors and flippers go wrong.
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22 January 2025 | 22 replies
Your net gain is your net sale, minus your adjust cost basis.
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12 January 2025 | 23 replies
I am under contract for a 3 family home w a very unique set up. 2- 1 bedroom apartments and 3 and 4th duplex which has 5 bedrooms but only 1 bathroom this home is 8 min from Brown University in RI and 10 min from Johnson Wales. (6miles)Do u think its close enough to attract college students especially the duplex?
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25 January 2025 | 5 replies
While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.
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29 January 2025 | 1 reply
What can I expect for timeline, potential issues, rough costs?
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6 February 2025 | 58 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.