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15 February 2024 | 3 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
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15 February 2024 | 43 replies
Right now I need help finding a contractor that could help me oversee this project and a permitting people to help navigate the whole process.
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15 February 2024 | 2 replies
I assist friends in development projects.
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15 February 2024 | 1 reply
It is closer to new construction than to a basic rehab project.
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15 February 2024 | 4 replies
The areas around the hospitals can be a bit sketchy, but are slowly improving as more landlords renovate to accommodate nurses.
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15 February 2024 | 3 replies
I'm guessing that if you're trying to close before construction is completed, then the real estate contract would be a set amount for what's already been completed and there would be an addendum to attach your construction contract for the remainder of the project, right?
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14 February 2024 | 0 replies
We just fully renovated the property, new kitchen cabinets, countertops and backsplash.
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15 February 2024 | 2 replies
My strategy is mainly ground-up construction because that's where I have the most experience as a construction project manager.
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14 February 2024 | 2 replies
Since then, we have done significant renovations and turned the other unit into a "Mid-Term Rental" getting our first guests at a favorable rate, nearly 1.5x the previous rents combined.During our initial appraisal, the closest comp was valued significantly higher, but was completely renovated.
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14 February 2024 | 11 replies
A BRRRR (Buy, renovate, rent, refi, repeat) is NOT turnkey (already renovated and ready to rent) by common definition.