Kyle Haskell
How to structure deals with developers
8 August 2024 | 2 replies
Hello Kyle,There are lots of things to consider, and there are lots of different types of Zoning for residential.For example you could be zoned residential, but the minimum lot size could be 1 acre, and you are buying 1 acre, in that case you wouldn't need a developer, you would just need a builder.For example, lets say you have 5 acres and a perfect rectangle property, that has an existing street that runs the long ways of the property so you won't have to put in any streets, you will simply need to get with a surveyor, figure out your minimum lot widths from zoning, and file with the municipality to get your property subdivided into lots.Once you have subdivided lots, you can either sell the lots outright to a builder, the cleanest transaction.Option 2, you could try to partner with a builder so you can split the profits, most builder's will want you to guarantee the loan, and still charge a build fee before profit splits.Option3, you can hire the builder, obtain the financing, and keep all the profits.Option 4, you could do any combination of 1,2, and 3.
Noah Bacon
DIY vs. Professional Help: What Beginner Real Estate Investors Can/Can't Do
6 August 2024 | 4 replies
My biggest mistake was thinking that I could lay down new LVP on the main floor of my last house hack, 1 month out of shoulder surgery and I quickly pivoted to a local professional.
Frank Patalano
So what's holding you back?
19 August 2024 | 3705 replies
There are possibly folks in BP who if you reach out to and maybe pay them an agreed reasonable amount,they will remotely guide you/look over your shoulder thru every step of your first flip or rental etc .
Francis Bediako
Recent Graduate - Passionate about RE development and STR/LTR
3 August 2024 | 2 replies
You will be able to rub shoulders with like minded people and find mentors local to you that will be willing to help you out.
Alan Asriants
NAR Settlement - HOT TAKES
9 August 2024 | 184 replies
As a mortgage broker in these types of transactions, or buyers going at it without an agent, puts a lot on our shoulders to answer questions that would typically be referred to their buyer's agent.
Michael Calvey
Unpacking the Rent Crisis: It's Not Just Greedy Landlords..
6 August 2024 | 54 replies
Your standing here, hocky mask n gloves on, bragging about the giant bag of loot slung over your shoulder how ya just robbed the landlord's for 20%.....
Engelo Rumora
ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
So if you are concerned, you should be, that's the little guy sitting on your shoulder looking out for you!.
Steve Cho
Ideas on separating a rental unit bedrooms
17 July 2024 | 8 replies
Maybe turn that red L into a straight line and put in a standard width door that opens in To the bedroom.
Phil Eck
On the go health/nutrition for the busy investor/businessman/woman
19 July 2024 | 36 replies
It takes a couple times to get your balance down, but I can literally go for over an hour where I can't go for more than 30 minute watching tv.Madden keeps me excited and completely engaged, I don't even think about working out.I also try to lift twice a week in my home, but I hurt my shoulder two months ago and I haven't been able to lift much at all.I always try to stop at a grocery store instead of fast food.
Nicolas Dalton Ward
What's the concern or FIRE DAMAGE?
13 July 2024 | 5 replies
It is also shouldering an elementary school as well.