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28 September 2017 | 8 replies
The spread enables me to get low or no cost insurance.Lastly, this isn't my personal example but my partner used notes to pay for the addition on his house.
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1 June 2019 | 32 replies
These scripts will pull specific data from the source they are coded to extract from.
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13 September 2017 | 3 replies
By having the table next to the window in the kitchen it enables me to see and know when someone has arrived at the open house.
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15 September 2017 | 2 replies
That will allow you to build up a network of contractors and suppliers that will enable to to address problems faster and more cost effectively.I would also recommend buying a home warranty program if you are planning to hold the property and make upgrades over time.
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30 September 2017 | 187 replies
I'll look into those forums for Single Family and see what value I can extract.
24 October 2018 | 5 replies
What is preventing me from moving forward at the moment is the contractor part.For example. if the advice I receive is that in order to enable a good flip i would need to be very hands on and that contractors are hard to find , I would likely avoid a more aggressive project like a multi shell.I am looking to flip and hold the first property with the hopes of getting an attractive entry point for cash flow.
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25 October 2018 | 3 replies
The slope of the land and how much dirt to be moved also comes into play as it can get expensive to level for site work.Additionally inventory levels of similar locations with vacant buildings where developers or tenants can go in cheaper and faster might be competition unless you have one of the best locations in the area.Basically what I am saying is that there is a lot to this and you need a specialist to help if you are trying to extract any additional value out of the property versus it's current use.
27 October 2018 | 3 replies
Former is enticing because it will enable me to pay off one property and rental income will pay for the HELOC but then I still have HELOC on top of payment on a new home.
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25 October 2018 | 16 replies
I would argue that your duty as a human being at this time is to the children there and not the mother, and if you allow the situation to go on you're enabling an obviously unfit mother.
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25 October 2018 | 3 replies
I've seen way to many multi family properties just get into that death spiral of a slum lord and horrible tenants and it's just one band aid after another until finally the owner extracts whatever they can and exits.I personally would want to be buying something at a little lower price, perhaps redeveloping, etc.Build value rather than extract value.If the assumptions above mentioned check out and you're happy with those returns I don't see a major hurdle ---- big however though is that you're only outperforming your cost of capital by maybe a percentage point?