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6 September 2024 | 6 replies
For example, if a seller knows we are in a 1031 and says "no concessions/repaur requests, take it or leave it" after our 45 day identification period is over we are screwed with a bad deal.
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2 September 2024 | 11 replies
The product is available but the pricing is not as pretty by any means, you’ll be looking at a rate 1-1.5% higher and possibly an extra .5-1 point in cost right off the bat.
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3 September 2024 | 3 replies
I think you may add a bit 30%-50% more on the cost of Estimated Repairs.
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3 September 2024 | 1 reply
Purchase price: $163,400 Cash invested: $25,000 Sale price: $240,000A buy&flip project on a Single Family House10K - Flooring, Trims and baseboards8K - Interior Painting3k - Updated water heater, and gas permit2k - Other minor fix, ceiling fan, windows, light bulb, new fridge, and more2k - Holding cost, HOA, and other related utility feesTotal cost of repair - $25k
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2 September 2024 | 8 replies
Multi-Family may require more maintenance (Con) but that cost may be offset by installing a coin-operated laundry room (Pro)3.
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5 September 2024 | 7 replies
The city approved rental license inspector essentially just tested to make sure there was access to hot water, access to heat, no unsafe conditions like exposed electric wiring, CO/smoke detectors present/functional, fire extinguishers present/not expired, etc.
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5 September 2024 | 2 replies
And here are several other examples of mortgage rates paying no attention to the Fed Funds Rate.This isn't a mortgage-specific phenomenon.
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2 September 2024 | 1 reply
Look over bids with a fine tooth comb, no bid is the same.
31 August 2024 | 10 replies
If gone unaddressed, complaints can lead to costly violations & fines.