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16 November 2024 | 3 replies
Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat
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25 November 2024 | 8 replies
This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.
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26 November 2024 | 17 replies
That said, the 6.875% rate could be improved.
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14 November 2024 | 0 replies
I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.
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16 November 2024 | 5 replies
This will standardize the workflow for engaging new vendors.
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20 November 2024 | 0 replies
This successful project highlights our teamwork and ability to maximize value through strategic investments and improvements.
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2 December 2024 | 33 replies
If the goal is replacing income, cash will allow you to get a better deal on the buy, cash flow from day one, and you can still set capital aside for improvements/capex.
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27 November 2024 | 16 replies
While 20% down improves cash flow by eliminating PMI, it delays entry into the market, potentially missing appreciation.
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20 November 2024 | 15 replies
I'm not the most handy and have thought of taking a person knowledgebale in home improvement or a handyman to tour the property with me (after my offer is accepted) to gauge potential issues with the home and have a better idea of the home's condition before I have the home inspection.
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20 November 2024 | 4 replies
I am in New York City , I use the car for my rideshare business , I have no problem personally guaranteeing the car, I’m just looking to get it off my personal name so I can improve my debt to income ratio on my personal side .