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8 July 2024 | 14 replies
I am growing slowly and the larger platforms were creating unneeded complexity and cost for my business needs.
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7 July 2024 | 4 replies
We don't sell you the home as they do, rather build it out at cost +fee for you, allowing investors to enjoy the upside in price.
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8 July 2024 | 9 replies
If rates DO come down in the future you can consider refinancing, but don't forget there are costs associated with that as well.
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7 July 2024 | 1 reply
Double digit loans of $250-500k can be both cost and qualifying prohibitive.
7 July 2024 | 10 replies
When you gut a space, costs spiral exponentially because you need to bring everything up to current code!
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9 July 2024 | 29 replies
It’s my understanding it’s very hard to meet reps status working a w2Also I believe once you get above $150k basically you lose any benefits of reps status I think I will be able to qualify for the STR re status if I run the cost segregation when I purchase the house.
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7 July 2024 | 6 replies
Including utilities in the monthly rent is more likely to cost you and create problems.
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7 July 2024 | 14 replies
We had someone get a ticket and pulled the carts for the rentals, probably cost us between 5-10% of total revenue but it was more important for us to keep our carts than not have them for an extended period.$2 mm house or not you will have headaches with carts regardless and in our experience it's just not worth the hassle.my recommendation is work a deal with a local place you can refer them to and get a small referral fee from.
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7 July 2024 | 35 replies
I recently contacted them and they spent a lot of time trying to sell me on their mentoring program that costs an arm and leg.
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7 July 2024 | 3 replies
They are typically the opposite of value adds in that they typically have a hands off cost more than the value added.Your broker is correct that Fannie/Freddie are not to use the rent from the ADU.