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17 March 2024 | 7 replies
i want to buy a another 2 family, but not house hack.. the electrical component won't come until November 2024 and then I still have to split other utilities should I wait till that project's done?
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18 March 2024 | 15 replies
Probably 90% of my projects fell short of a full textbook 25% equity gain, but I also tend to over-rehab: I don't want to touch anything on a property for at least 20 years after we are done.
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18 March 2024 | 23 replies
FSKAX (fidelity total market) FXAIX (fidelity s&p 500) and ONEQ (nasdaq eft) a few of the most basic simple investments have returned 8-12% annually over the last 3 years.
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16 March 2024 | 2 replies
Also discuss with the contractor the time expected for the project if its small, mid or large and if it needs permits and how long would it take for permitting and all, also payment terms, make sure you go with payment terms that are fair to you and the contractor (so many terms but most common is monthly based on completed work with an upfront for materials) and ALWAYS keep the last payment until project is closed (retainage) and you do your walkthrough and if there's any issues you write them down and provide the contractor with (punch list to release the retainer once they're corrected or fixed). read about how to deal with contractors and always ask for references but it really depends on how big the job is, personally I wouldn't spend too much time doing due diligence on small jobs such as door latches or shelving rather on additions, layout change and other scopes.Good luck!
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17 March 2024 | 4 replies
Well....This kicked up quite the storm with the seller's attorney (a divorced attorney) and he basically scared his client into the horrors of getting tenants out, so the seller outright canceled the Transaction.
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17 March 2024 | 13 replies
better to get into a brrr strategy with fix and flip to be able to potential pull your initial investment out and keep it rolling over into the next project
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16 March 2024 | 1 reply
It can be extremely hard to get approval for projects like this
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16 March 2024 | 8 replies
Sifely isnt a bad middle tier Kwikset for basic but gets the job done
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16 March 2024 | 36 replies
The first year they get 1960$.basically they get the same profit I get.
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16 March 2024 | 3 replies
Generally, the law requires that buildings undergo structural inspections every 10 years, once the building turns 30 years old, and that the building association proves it has adequate reserves to repair / replace anything that is flagged in inspections or projected as a needed repair in a timely manner.