26 July 2024 | 4 replies
The goal in the future is to get the permit and add the value for a future refinance.I have called the county and building department and they said that I will need blueprints of the alterations and submit them for approval and get all the inspections in place (I know this will be a headache and can be very costly).
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25 July 2024 | 12 replies
Alternatively there are also asset based lenders that do not require DSCR calculation or income verification, that can be less costly than hard money, and fully amortizing.
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25 July 2024 | 14 replies
Given that property costs are high in San Diego.
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24 July 2024 | 1 reply
I'm curious on potentially wholesaling lots so I don't have to wait 2ish months for the full turn around.
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22 July 2024 | 8 replies
-Recharacterization Risk: The IRS may recharacterize the activity if they do not agree with your classification of the services provided, potentially leading to penalties and back taxes.
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23 July 2024 | 12 replies
Some are looking to network with more experienced investors to bounce ideas off of and/or potentially JV with.I think BP is a great resource for all of the above.
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24 July 2024 | 6 replies
Chat is great for the basics but you really don't start seeing the potential for real business enhancement until you dive into leveraging actionable AIs
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24 July 2024 | 31 replies
In terms of maintenance cost and liability the PB Court is a no brainer.
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25 July 2024 | 22 replies
To be honest, I think we may just need to bear the costs and learn from this and do regular unit checks going forward (which was not done by the previous property management company).
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25 July 2024 | 8 replies
The cost of renewals increased by 70-80%, which was insane.