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18 March 2024 | 1 reply
I am based out of Charlottesville and am just starting to do flips here.
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18 March 2024 | 4 replies
Along with negotiating the feasibility period and due diligence periods I'd concurrently do 2 things based on your plan:1. talk to the solar companies in the area and understand their site selection process, how they structure their deals, how they operate, etc. 2. talk to the power company and see if they need more renewable energy and if building another solar project in that area makes sense.
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18 March 2024 | 12 replies
If the higher insurance rates are a concern for you I suggest staying away from the high rises for now.We are surrounded by multiple military bases so there is always someone buying, selling or looking for rentals in our area and surrounding areas.
18 March 2024 | 3 replies
You may connect with investors, exchange ideas, and get help through platforms like BiggerPockets, real estate Facebook groups, and LinkedIn groups.Make Connections with Experts: Speak with Houston-based bankers, contractors, property managers, real estate brokers, and other experts in the field.
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18 March 2024 | 7 replies
Based on the purchase price and loan circumstances, your lender or real estate agent can tell you an estimate of these expenses.Rehab Costs: To determine the price of the duplex's required repairs and renovations, get quotations from builders or property inspectors.
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18 March 2024 | 6 replies
There is no such thing as a "standard fee," however each agent has a fee that they typically use based on how they want to get paid.
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19 March 2024 | 46 replies
Our internal team is there to help you review rehab bids, inspection reports, analyze different exit strategies based on your updated numbers throughout the project, and help you work with different lenders and insurance agents that we refer you to.
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18 March 2024 | 3 replies
A simple LLC should work fine for your purposes (based on your post, I'm not aware of your situation entirely)
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18 March 2024 | 15 replies
I don't see the point to get 20k off for 50k worth of work, so we switched to mve in ready properties and just let appreciation do the heavy lifting. 2024 looks like it might bring some change: average days on market are currently at 26 (from 5 most of last summer) and listings that go under contract on the first weekend dropped from 56% last year this time to 25% now.
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19 March 2024 | 16 replies
Nothing the lender can do to trigger a due on sale clause based on a divorce decree.