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2 March 2016 | 12 replies
The quit claim deed worked and we are not under construction to BRRR method.
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26 February 2016 | 10 replies
(my bf can do most construction type work, but there are situations where he may not be available so I'd have to do it myself or hire someone?
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13 July 2016 | 2 replies
I have done 2 flips in Fl. but we now are moving to Asheville and I am looking for advice on areas, financing and any other information that someone would think would be helpful.I have construction experience and have some trade contacts in the area.Thanks!
15 November 2017 | 28 replies
You aren't going to find a reference with these numbers.It made construction much less mysterious once I understood how people were pricing their work.... also kind of eye opening.
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13 March 2016 | 7 replies
My true goal is to own/manage a construction and design company within the next 10 years.
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25 February 2016 | 5 replies
Construction type is "steel house", which means steel studs with shed type enclosing, and I understood that the sellers built the house themselves, probably with one of those pre-engineered kits, which may explain the initial N/A (not applicable) in the oldest sales history entry.
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27 September 2016 | 27 replies
I am putting this out in hopes to 1) Help anyone else out there who is trying to grasp these ideas as I was before, and 2) Open myself up to constructive criticism from the wealth of more experienced flipped out there that are on BP.I will try to be very prompt with answer questions, comments, advice or recommendations.
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25 February 2016 | 7 replies
Be very conservative on your ARV (final sale could be 10%-15% below your asking), don't forget to factor in construction overruns and discovery work (typically budget a 15% cushion), don't forget to budget acquisition costs (6%-10% of purchase price), selling costs (6%-10% of ARV) and holding costs (be conservative it will almost always take longer than you think or than your contractor tells you and may take more time than anticipated to sell and for buyers to secure funding).
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27 February 2016 | 7 replies
I've been looking at McKinley Park Neighborhood which is just west of Bridgeport which has been getting better with newer single housing construction being done near Pershing and halsted.
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12 April 2016 | 14 replies
I think you re asking the right questions, looking at the BP marketplace is a good way to begin your research and drilling down a solution that aligns with your goals.Turnkey comes in different flavors, ultimatley it is suppose to be a simple entry in RE without having to construct your own infrastructure, for good passive investment cash-flow.Main takeaways: Turnkey comes in different flavors: Simple Passive Income - the Turnkey home is direct purchase from the supplier, it is operational and managed by themStreamline construction and uniformity materials for maximum economies of scaleResearch the area, visit the space possibly, meet the teamI hope this helps you a little bit more as you try to define the type of culture you seek to align yourself with.