Matthew Drouin
$1.5M to $3.125M in 18 Months
18 December 2024 | 11 replies
In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
A lot of people in the current fire area had their insurance canceled lately and are really screwed, Reminds me of Florida and the insurance problem caused by the hurricanes. also thing of the Lahina fire on Maui there was no forest there freak down slope winds and buildings that were built with very dry timber with no fire protection in mind.. this stuff happens.If were gonna use fires as a measure of "good" or "bad" than Canada is hell and most of the country should evacuate because holly-heck do they have fires galore.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
Seems like this thread has unfortunately dried up a bit!
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
The winds were so strong and fire so hot there were cars turned upside down in driveways, and then melted.The bottom line is that 100 mph winds combined with dry grass and just about any ignition source is unstoppable once it gets going.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
I think though now with this new law it gives the state an easy track to regulate compliance IE you either gave the disclosures or you did not you either have the disclosures on your website and marketing or you dont.. be very cut and dry for enforcement.
Jacob Kurian
Newbie FHA Loan
16 December 2024 | 5 replies
Depends on your scenario exactly though, never one cut and dry answer to which is better.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
So many of the builds I've visited, some multiple times, seem to be frozen in time: the homes are dried-in (roof paper, windows and doors), tiled floors, drywall installed, and then a dead-stop.
Matthew Paul
Home inspector says deck isnt up to code .
22 December 2024 | 23 replies
Just the other day I saw someone had used black sheet rock screws in the hangers on a brand new deck (non-permitted obviously, and not a single lag or any flashing on the ledger board, and they painted it immediately before the pressure treated lumber had even dried out so that’s going to peal in the first year, at about the same time that those sheetrock screws start to rust lol).
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
12 December 2024 | 20 replies
Mice are filthy and when their fecal matter dries up it becomes airborne because it's powder and it's full of diseases and it's hard to see visually when it dries up.
Ryan Fox
is the structural engineer correct??
17 December 2024 | 15 replies
.● The soil around the foundation should be watered with 1-2 inches of water per week during hot and dry weather patterns.