22 March 2024 | 0 replies
This puts us somewhere between 18-27mo pending sale.Land Acquisition: 1M + 50K in closing costsHard Costs:Demo: 50KConstruction + Architectural Plans (survey, topography, permitting included) = 1.6M + 80KPool: 100KSoft Costs:Appliance package: 50KFurnishings: 75KLandscaping: 20KAnnual Carrying Costs (utilities/property tax/maintenance): 45KTOTAL: 3,025,000.00 After speaking with two lenders, it seems the best course of action would be to put 20% down on land for 12mo/interest only.

22 March 2024 | 23 replies
Hi wholesalers - I would love to get a template that you have successfully (and of course legally) used to close wholesale deals in MD.I have a template with assignment clause that I downloaded from real estate skills.com which seems like a great website but I'd love to see one that has been used in practice and has clear clauses about 1)EMD and clear backout periods for seller, wholesaler and buyer that minimizes risk for each while still being a 'defacto' contract 2)assignment clauses.

21 March 2024 | 0 replies
VA loan Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

22 March 2024 | 13 replies
To make the best choice, carefully calculate the financial implications, align with your long-term goals, research the market for larger buildings, and seek advice from a tax professional to navigate potential tax impacts.

21 March 2024 | 4 replies
Under construction Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

22 March 2024 | 10 replies
Within the last year and half I have had three brand new water heaters corrode and start leaking at the bottom.All water heaters have been in the same spot at the same address installed by a professional plumber.

21 March 2024 | 3 replies
Evaluate Your Goals, Conduct Market Research, Diversify Your Investments, Financial Preparation, Network and Build Relationships, Risk Management and Seek Professional Guidance I hope it helps.

22 March 2024 | 88 replies
Of course if a person can fix everything himself, then it probably is easier

21 March 2024 | 1 reply
Hi Laura, Here's my advice Attend Real Estate Networking Events, Join Online Real Estate Communities, Utilize Real Estate Investment Clubs, Network with Real Estate Professionals, Create a Professional Online Presence, Utilize Referrals, Partner with Experienced Investors, Attend Real Estate Auctions, Offer Value, and you know what's the last?

22 March 2024 | 7 replies
I know personally when im looking for a place to stay if its a little more pricey my brain usualy jumps to "oh this place must be better than the others" since this is a heavy market for vacation rentals and not traveling professionals I could see that being a factor but it makes it very difficult to price and what price point to risk.