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29 May 2024 | 1 reply
@Gabriella NataldieWith $10k in savings and $8k in hospital bills I would not be buying a multifamily propertyA roof, hvac system or major repair would wipe out that $10k.Closing costs alone on the property would be more than $10k.While it’s awesome to be ambitious, I recommend focusing on saving $ and building up enough capital so you can comfortably afford to buy a property
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29 May 2024 | 5 replies
The AC question with Mini Split units is that they have to have an outside drain. lots of rooms without windows or office buildings do not have a place for a drain outside in a yard and people install without which leads to a problem with dripping water.
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28 May 2024 | 4 replies
Our initial idea was to build-to-rent two 1,300 sqft homes on the additional tracts of land, but after speaking with lenders, the current interest rates made this unfeasible.
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28 May 2024 | 8 replies
For onsite management on large apartments, I've heard Yardi and OneSite are the best.
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28 May 2024 | 0 replies
So I want to sell this property in Lagrange,Ga and just get some of the commercial potential price out of it so I can build a home closer to family.Anyways their is a famous firearms manufacturer that is moving to Lagrange which is a 100 million dollar plant .I have a feeling they may want to buy more property for a future expansion which they are stuck in a rock and a hard place because the county owes the land on one side and the rest is just a old subdivision which if you bought the homeowners out you can squeeze this company for more money.How can I get a investor cash buyer only see the potential on this property and they can hold it and squeeze them till it hurts,I just want 500k for the property you could rent the house till the company comes knocking at the door.
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28 May 2024 | 2 replies
<3I have a bunch of random thoughts, questions, & scatterbrained ideas regarding building an ADU that I'd love some guidance/feedback on if anyone is willing or has knowledge/expertise on!
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29 May 2024 | 4 replies
To build long term wealth he can buy into REITs or syndications.
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28 May 2024 | 8 replies
I am looking for some tips on building capital for an FHA loan, as well as some tips on networking with other investors and to possibly find a mentor.
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28 May 2024 | 7 replies
I personally think it's easier to get a general contractor's license (especially here in Chicago - it's almost sad how easy it is), but that just means there are a lot of bad contractors.Almost all states require architects to take a state licensing exam and need to have a bachelors degree in similar field to even take the test.I found for me, if I can just find people who are really good at what they do (and enjoy it) I can let them do that and I can just focus on finding deals and building the team.
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28 May 2024 | 9 replies
Those tend to fall apart more easily or lead to a difficult escrow process.