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18 June 2024 | 5 replies
Now, how many leads have I gotten or deals closed from these additional sites?
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18 June 2024 | 4 replies
I’m buying a piece of land that has had a house on it before (it burned down) and currently has an old mobile home, on the other side of the property, that I’ll have to removeFor those who’ve purchased land, what would you do before close?
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18 June 2024 | 6 replies
For one project I had a GC submit a bid that was $500K less than anyone else, but they didn't follow the bidform, and when I looked closely they omitted a whole bunch of stuff.
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17 June 2024 | 9 replies
I guess they are looking at it as way to make some $ and lower they're property taxes.
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17 June 2024 | 5 replies
If you guys get a couple of rentals, she should be able to claim real estate professional status which should be a way to lower your tax burden.
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17 June 2024 | 7 replies
I have a law and title office and we close dozens of wraps each month.We can help you from start to finish.
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18 June 2024 | 121 replies
Ultimately it always boiled down to their inability to close due to funding problems.
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18 June 2024 | 6 replies
Aloha Julian, Just to add onto what everyone has said, 1-4 unit deals (residential) are typically underwritten differently from 5+ unit deals (commercial). 1-4 units are easier to close and you get more money for them because of how DSCR is calculated:- Residential (1-4 units) DSCR = Gross Rents/Mortgage Payment- Commercial (5+ units) DSCR = Net Operating Income/Mortgage PaymentIt's important to note that in both cases above, there are exceptions.
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17 June 2024 | 19 replies
It's not a magic bullet to solve all operational needs, but the process works very well when a remote team member at a lower labor rate fits into the needs of a scaling business.
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18 June 2024 | 7 replies
@Angelica Walker sounds like you have a good contact above already but would certainly recommend connecting to some real estate groups close to you.