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3 July 2024 | 40 replies
ANYWAY, I AM STILL CONFUSED AS TO WHY THE TINY HOMES HERE IN AMERICA ARE 75% MORE EXPENSIVE FOR THE SAME EXAACT PRODUCT.
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4 July 2024 | 6 replies
They are not required, though.3) You don’t need anyone to hold or manage your SD 401(k) plan.
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2 July 2024 | 8 replies
BUT...the tenant has some weird expensive demand every year.
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1 July 2024 | 14 replies
Less expensive (smaller) GC with mixed references.
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2 July 2024 | 10 replies
This is with adding 30 units to our portfolio.Last year we were averaging expenses of $150,000/mon.
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1 July 2024 | 6 replies
Before learning this, my calculations showed it would cash flow $240 after expenses, but now it will take an additional $10-15K to fix and install these features.
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2 July 2024 | 12 replies
I'd start out by looking for contractors that have working knowledge in the remodel business as they will know the scopes required to complete the project.
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3 July 2024 | 3 replies
Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!
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3 July 2024 | 36 replies
The property management company I work closely with has over 200 STR properties under management and it has worked amazingly for us thus far.Let me know if you have ant more questions, I'm happy to help.Best, Mike They are VERY expensive and be careful about the duration of their contract as well
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4 July 2024 | 11 replies
Anyone here require their painter to roll instead?