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28 January 2025 | 3 replies
The best place to start is with a spreadsheet that has every every cost itemized.
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6 February 2025 | 18 replies
Even if they don't realize how much money you're costing them now, someone will tell them eventually and I don't think your canned wholesaling response is going to do much to repair the damage.
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14 February 2025 | 5 replies
(wisconsin)How can I best position myself in this deal where the lender is comfortable and we have a solid prefab, but also workable to where I can keep my sale price competitive and build costs down.This lot is within spitting distance of the lake.
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3 February 2025 | 3 replies
The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.
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31 January 2025 | 1 reply
Planning to sell my property in vegas, just wanted a second opinion on if these are typical, fair costs in today's market.
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6 February 2025 | 18 replies
@Ben Syzek with $50k, you're probably looking at a property with a total cost (purchase price + reno) around $250k.
29 January 2025 | 20 replies
We don't believe they are stealing, but their negligence has cost us a lot of money.* Is this enough to file suit in small claims court?
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27 January 2025 | 3 replies
Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.
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5 February 2025 | 6 replies
Would the value of the remodel increase the rents or the selling price that would out weight the cost?
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4 February 2025 | 2 replies
"the typical home warranty costs $450 annually, and only 25% of premiums are paid to homeowners.