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16 December 2024 | 1 reply
Extra income by renting and the benefits of appreciation.
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31 December 2024 | 66 replies
So my price per hour went up and the customer was charged the extra hour of my crew and I to fix the leak.
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15 December 2024 | 0 replies
E.g. you could have adjustments for extra garage, carport, bedroom, etc.So when doing Comps for a typical wholesale or Flip deal how many of these adjustments do you typically run into?
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15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
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25 December 2024 | 60 replies
It may interest you.Best wishesI excluded duplexes because at least in the SF Bay Area, SFR earn a premium on sale over Duplexes, and duplexes get higher price/sq ft over 3-4 units.
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24 December 2024 | 25 replies
And IMO that has been decades in the making.I saw a recent survey of 4000 Gen Z and they said thay would need to earn 270k to feel financially successful.
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19 December 2024 | 10 replies
Then use the extra roommate rent income to pay down your mortgage and look to refi to a lower payment in the future (3-5 years) - so it cashflow when you move out.You could also choose the smaller unit and STR the other unit to generate more cash to pay down your mortgage and refi, so it cashflows when you move out.Bottom line: you'll have to get creative to solve your cashflow challenge!
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16 December 2024 | 21 replies
Add outdoor security cameras (just let guests know they’re there) and maybe some motion-sensor lights for extra safety.
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16 December 2024 | 35 replies
Only thing the Income Statement info would be the retained earnings on the Balance Sheet.
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17 December 2024 | 4 replies
And if you’re ever looking for boots on the ground, I’ve got a great network of investor-savvy agents who specialize in the Austin area.I’m here if you want to talk specifics or need an extra pair of eyes on a deal you’re considering..