Davey V.
GC cut of the profit on spec home
27 May 2024 | 17 replies
I wish that I could set up our deals in that manner but he doesn’t use a lot of subs, they are his hourly guys and he has a ton of them.
Bailey Cocuzzi
Advice for newbie
27 May 2024 | 18 replies
While an appreciation play makes perfect sense to some (ie. if you see the price of your newly purchased house increase by 3.3% a year, in 3 years you will have gained 10% equity - which would be $20,000 on a $200,000 house), you have to be in a position to sustain that purchase.
Ebony M Marshall
Security Deposit Return- PLEASE HELP!!!
27 May 2024 | 8 replies
If you don't hear back in a timely manner (like in two weeks), write another letter and say that you are going to be taking it to small claims court but you are willing to settle for "x" amount out of court.
Zach Steinberg
Should I open up another bank account?
26 May 2024 | 3 replies
When companies or properties are not self sustaining, you would initiate an "owner contribution" to cover any expense the business/rental property could not cover.
Jason Cory
Sales & Rental Data for the Birmingham MSA Along with a 6-month Forecast for Each
27 May 2024 | 1 reply
This stabilization will help ease financing conditions for buyers, contributing to sustained demand for housing.
James Rodenberg
Self Manage or Hire PM?
26 May 2024 | 14 replies
I've found they have good subcontrators to draw from and complete it in a timely manner, but it comes at a premium.
Harrison Jones
Unveiling the Economic Impact of Philanthropy
23 May 2024 | 0 replies
By aligning projects with non-profit initiatives, I've discovered collaborative opportunities that not only generate economic returns but also foster social progress.Philanthropy serves as a powerful engine for economic revitalization, job creation, and sustainable growth.
Ismael Ayala Jr.
Risk of obtaining 3rd property
24 May 2024 | 10 replies
Each deal you make should always be self sustaining, that means if you only owned one of these properties, and it doesn't matter which one, it must support itself.Negative CF means you have "other" properties supporting a property, or worse, you have your own cash supporting a property you own.
Dan Frehmeyer
Replace roof and HVAC?
26 May 2024 | 40 replies
While cosmetic fixes can improve the property's appearance, addressing major components like the roof and HVAC ensures the long-term sustainability of your investment.
Sam Peterson
Crash Pad Property in Humble Texas
23 May 2024 | 9 replies
It's not a sustainable model and requires a lot of attention.