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22 December 2024 | 7 replies
Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.
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22 December 2024 | 4 replies
I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units.
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19 December 2024 | 3 replies
Well yes if you are successful.The reality is 87% of those who try to make a career at selling real estate fail out of the business within just a few years.
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24 December 2024 | 1 reply
Even in disclosure states, sales data is not all reported to the sites so you need the MLS to be the most accurate.
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30 December 2024 | 103 replies
Too many wholesalers fail early by trying to grab spreads that are too large.
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26 December 2024 | 18 replies
We also have infrastructure in place at a build site for a 3rd unit on property.
15 December 2024 | 5 replies
(Tedious process)Unlike my other properties, where most applicants meet the criteria and need to see the unit to decide if they like it, this particular unit appeals to almost everyone (In this demographic)—but many fail to meet the qualification requirements.
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22 December 2024 | 23 replies
Wood has a huge variability in strength--between pine varieties, the stress which can cause them to fail varies by more than 2x and you can see 20%+ increase in strength as it ages.Then I have stress concentrations which will yield and then redistribute the load in practice, but not according to the calculations I'm allowed to do.
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20 December 2024 | 14 replies
Could be a national lender or a site that sells your info for solicitation.
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7 January 2025 | 16 replies
I really do appreciate all the advice on this site and can't wait until I'm the one giving it instead of only asking for it.