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15 April 2024 | 8 replies
The property is 2 minutes from our house so that’s no issues for us to clean.
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19 April 2024 | 7 replies
-Charge an option fee 3-5% to get some cash-in-hand.
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19 April 2024 | 9 replies
-I am quoted a higher interest rate and more fees since its a rehab loan.
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19 April 2024 | 16 replies
Moving forward I plan on doing 2-3 flips per year which will be will be Cash deals with no loan.
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18 April 2024 | 2 replies
I also need some other “soft” costs (origination fees, etc.) taken care of to get the deals going for each deal.
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17 April 2024 | 15 replies
I'm signing on with the Bean Group in the next few weeks.Brokerage name: ExpensesDesk fees: $Transaction fees: $Tech fees: $Marketing fees: $Other fees: $Office Policies / proceduresMandatory desk time?
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18 April 2024 | 46 replies
Try midterm/longer bookings at a lower per day charge?
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18 April 2024 | 0 replies
Buying a 4+ bedrooms with a bonus room or flex rooms they’re able to charge from $650 to $750 per room including utilities.
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19 April 2024 | 4 replies
For quickie emergencies there are always the "18 months no interest" options at Lowes or Home Depot along with similar terms from your credit cards (those checks you can write for a 3% fee and then have 12-18 mos to repay).
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18 April 2024 | 3 replies
I never use average rehab cost/sqft because every building is different from what I have rehabbed so far in the past 15 years, but here are some general estimates for youCosmetic rehab: $11 - $25 per square footLight rehab: $26 - $50 per square footFull gut rehab: $51 - $90+ per square footThe biggest cash buyers of properties in the CLT include:iBuyers (instant buyers) such as Opendoor, Offerpad, and RedfinNowInstitutional investors like Invitation Homes, American Homes 4 Rent, and Tricon ResidentialReal estate investment trusts (REITs) like Equity Residential and AvalonBay CommunitiesPrivate equity firms and hedge funds like Blackstone and Cerberus Capital ManagementLocal and regional real estate investors and investment groups