24 April 2018 | 7 replies
Those in the lower price points are production oriented they do the same cut and paste from previous projects on various elements.
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6 April 2018 | 2 replies
That's partially because our Airbnb prices are a little lower on average -- because they are integrated with our pricing software Wheelhouse, we time discount prices.
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7 April 2018 | 5 replies
@Tim Wang these seem about average but to ensure it is I would get at least two more quotes for the work.
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6 April 2018 | 4 replies
Our average Section 8 tenant stays 10+ years unless I made a mistake when screening them.
13 April 2018 | 20 replies
What the average consumer is completely oblivious to is that after 2 yrs of homesteading a property, they generally don't have to pay capital gains tax on their net at closing in home appreciation, from what they bought the property for and what they sell it for in FL.
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17 April 2018 | 17 replies
Obviously a hard pull will place an inquiry on your report which is counter productive if you plan on making a financial move based on credit in the near future.
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7 April 2018 | 8 replies
.- Ripped up carpets and re-finished the hardwood- Fresh coat of paint- Laminate flooring in the bathroom- Stick on splash for the kitchen sink area- Few other minor repairs- Brand new stainless steel oven (all other appliances stayed the same)After all of this was finished up for about $5,000-$6,000 I was able to rent the unit out for just above market average in my area.
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17 April 2018 | 9 replies
Fear Is just an emotion like being sad or happy, fear is not real it’s a product of your own thoughts, fear is a choice not a danger.
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8 May 2018 | 29 replies
I did the math for each of those deals with the estimated renovation costs and found that had I purchased those houses for the same price they sold for, I would have only made 15k on average.
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29 April 2018 | 43 replies
(I get asked that a lot, and when down in so cal there was no rhyme or reason to pricing, and land was so hard to find) you can use formulas when the product is under certain values but when the homes go way up in value that all changes.especially in CA.. were you may pay 2 mil for a bare lot in Palo alto spend 600k building a nice 2500 sq ft home and selling it for 4 million ... % does not work.in our production stuff like we do in Oregon were the end product is now in the 450 to 500k range 1/4 to 1/5 is what you need for land cost to keep your margin at 15% of gross or there abouts.. but many builders are only making 5 to 10% of gross if that , depending on where they get their construction money.our Gresham project Lennar offered me 130k per finished lot and we are selling houses right at 450k.. so they were paying top dollar but they build 400 plus houses a year in this market so their margins are much tighter and they are not carrying ANY dirt or land.. they only buy when they can go vertical GENERALLY speaking as I say this they have just gone into contract of a few parcels next to one I am in process of developing 160 lots on.. but basically that's how it works.