Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
He used https://www.dealmachine.com/ interesting we are researching different sites right now and are testing propertyradar.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
You can mail them any of the following A letter explaining who you are and what you can do for them.A calendar with your picture and contact information on it.A bottle opener keychain with your contact information on it.A pen with your contact information on it.The area you choose as your target area should be a neighborhood that a lot of your social media friends and followers live or do business in.
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
@Jonathan B.Assuming you pass the "material participation" test for 2023 and did not use the property yourself (or used very little), you should be able to treat it as an STR for 2023, including bonus depreciation.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Skipping Toy Shop SchoolTo open a shop, you need to learn the rules, take a class, pass a test, and even keep learning as new toy trends pop up.
Rob Beardsley
Top 10 Reasons to Invest in Pittsburgh
5 January 2025 | 8 replies
The metro’s unique road system has attracted companies, including Uber, to test new automated car technology, bringing many high-paying jobs to the area.”
Sino U.
Inspection: What to check for duplex
21 January 2025 | 5 replies
for water stuff - if it is not raining based on ur experience how else one can test that?
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
Ironically some of the best deals come from properties that once failed a perc test and are considered unbuildable for that reason alone.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
I did get my GC license which in Oregon is all law so it was simple test for me. so now here we sit 500 or so spec / pre solds later and well its been a wild ride..
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
It’s like a built in test.