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25 July 2024 | 2 replies
@James E.Hi James,I'm not a wholesaler... just an investor who has dealt with wholesale deals.My broad perspective is that wholesaling is a marketing job - where the wholesaler (on the surface) is trying to help a seller, but ultimately is trying to do that in a way that ends up costing the seller more money than it should have, had the seller taken more traditional means to achieve that sale.
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24 July 2024 | 17 replies
Your insurance costs are high in Florida so you would want to hedge toward the middle of the state as opposed to coastal.
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24 July 2024 | 7 replies
Good turnkey providers should be able to minimize vacancy periods and reduce turnover costs.
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20 July 2024 | 6 replies
Here is some ballpark costs from a recent closing, ignoring costs directly associated with financing.
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24 July 2024 | 10 replies
The house hack cash flow should more than pay all the costs and throw off profits.
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23 July 2024 | 3 replies
I would like to legalize it and was wondering if anyone would be able to give me a rough estimate of the cost to convert the property to a 3 family.It does not have a sprinkler system.
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24 July 2024 | 7 replies
Hello BiggerPockets Community,TL;DR: Looking to house hack up to 4 units in NJ/NY using FHA loan + 203(k) rehab, can handle 3.5% down payment + closing costs on my own (+/- $100k-$150k)I’m a new investor in my early 30s looking to dive into the real estate market with a strategic approach.
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25 July 2024 | 14 replies
I’m in the same boat - chatted with VestRight sales, got interested in joining, and started looking for real life reviews to reach final decision as the program cost is not cheap for me.Wondering what was your decision?
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25 July 2024 | 24 replies
Many hard money lenders require 30-40% of the project costs as a down payment.
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22 July 2024 | 0 replies
The average daily rate (ADR) reached $199.65, a 5.5% increase from Q4 2023, while revenue per available room (RevPAR) grew by 5.6% to $147.84.