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1 July 2024 | 3 replies
I would be using all of my own money for both the acquisition and the rehab.Also, I would (attempt) to GC this myself to save on the rehab.
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3 July 2024 | 40 replies
NOW THE DOWN SIDE OF SHIPPUNG SOMETHING SO MASSIVE AND HEAVY IS GOING TO COST AROUND $6K TO $10K.
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3 July 2024 | 9 replies
It is very time consuming to allocate overhead costs such as automobile, cell phone, etc. to each property.
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3 July 2024 | 5 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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1 July 2024 | 9 replies
I've been doing construction and rehab on houses long enough that I have seen the bifold closet doors go from solid wood frame and stiles and hollow core luan-type plywood panels to cardboard frames and stiles and paper overlays.
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3 July 2024 | 36 replies
We've since changed over to IGMS which is almost identical to Guesty but lower costs.
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3 July 2024 | 7 replies
@Dulce DavisSome private firms would consider blankets but they are gonna cost 2x traditional financingI would take the one with no mortgage and leverage that to buy another and keep doing that - also once in a while may consider selling some inventory to get more cash
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4 July 2024 | 8 replies
after about $550,000 in remodel costs we reopened the wash under a new name with new logos and branding. we introduced targeted online marketing ads, negotiated wholesale pricing deals with local car dealerships to offer a year of free carwashes with the purchase of a new vehicle. created a monthly newsletter and sourced emails from local businesses. all in all I would say we double or tripled the bottom line numbers of the business in six months and boosted google reviews thru the roof!
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3 July 2024 | 1 reply
cost: 1,300/mrunway: 4 months = 6,800spread: 1900all in cash: 138,800Income a year: 22800/y ÷ all in cash = coccoc: 16.43%seller sees offer: 250,000sub-to 120,000sell fin: 500 w/ 0% intrest term: 13.33 yearsdown: 50,000
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4 July 2024 | 7 replies
Read books, seek mentorship, and understand costs.