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6 February 2022 | 9 replies
Hello All,I’m finishing an ADU in San Diego, one of the last construction items is AC.
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6 February 2022 | 2 replies
I figured a foundation repair would be like any other big item repair: just find a good contractor, pay the money, and get it done.
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10 April 2022 | 7 replies
I would suggest a few items: 1) Ensure you have cash on hand to make payments on the HELOC during the project, 2) Try and find a HELOC product that only requires interest-only payments (therefore reducing your payments during the project, 3) Build in some cushion on timing of the renovation and sales process for the flip in case either takes a few months longer.
3 February 2022 | 2 replies
If a property clears these hurdles, I’ll then start to dig a little deeper.If you're looking for "what line items should I use" when calculating expenses, just go to the BP calculator and see what they ask for.
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12 February 2022 | 5 replies
If you are putting in mid-level finishes, such as laminate countertops, don't use a comp with high-end finishes such as quartz countertops.Step 5 - What you choose as your target acquisition cost formula depends on your and your business model and is not an industry standard.
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2 February 2022 | 2 replies
ADU square footage cannot be included in the GLA in the appraisal grid and must be an added line item at the bottom of the grid.
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3 February 2022 | 2 replies
My units are larger 3 and 4 bdrm townhomes, 1600-1800 sf each, intended to serve families.With a mid-range construction budget, what items are worth splurging on to get improved rents?
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3 February 2022 | 3 replies
It's equally as important to go over the loan estimate together with the loan officer and have them explain each of the line items.
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9 February 2022 | 7 replies
Most landlords still will not allow you to sublet the property simply due to high risk that is associated with the model.
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9 February 2022 | 5 replies
I agree about staying on top of things, I also try to make sure things are in good working order prior to tenants and try to keep the current age up big ticket items in mind.