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29 July 2024 | 6 replies
I’m not specifically looking for legal advice at this point in time, and when that time comes I’m more than happy to pay for legal services.
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31 July 2024 | 5 replies
I know a lawyer in Texas who is happy every time she receives a call from investors because she will go after them.She is crazy because she is an investor, too, but I guess she found a way to make money, which is ridiculous
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31 July 2024 | 9 replies
@Colin BagleyYep most use paperstac.We also sell notes and just put out a tape of 25 assets for sale
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30 July 2024 | 2 replies
Smart home technology**: Keyless entry, smart thermostats, and voice-activated assistants.Local guides**: Personalized recommendations for restaurants, attractions, and events.Exceptional cleanliness**: Partnering with a professional cleaning service that uses eco-friendly products.Responsive communication**: Ensuring prompt responses to any guest inquiries or issues.What other strategies have you found effective in enhancing guest experiences?
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30 July 2024 | 5 replies
Most of the deals that I'm underwriting for clients or for myself struggle to qualify for DSCR loans or pencil out because there's a misalignment between what a property can command in rent and what the monthly debt service will be.
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29 July 2024 | 2 replies
I am looking at an opportunity in my local area where there is a multiple unit mobile home park for sale.
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30 July 2024 | 0 replies
Purchase price: $140,000 Cash invested: $30,000 Sale price: $350,000 SFH - Long term hold
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31 July 2024 | 5 replies
You aren't ready for what you are trying to do because you are looking for cash flow in Memphis because the sale price works.
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31 July 2024 | 13 replies
The main house is completed and as far as labor, I spent $40,000 on just labor and that includes everything from full gut demo to finishes.We are talking about a 4BD, 3BTH two story 2400 ft.² home with a bonus room.This was a full gut job, replaced…12 Windows (new construction)2 sliding doorsTook out all carpet throughout.Took out this ugly 2” thick tile from half of the downstairs portion.Removed popcorn throughout the entire houseTook one wall downA little framing workReplaced entry door 80” x 92”Drywall patchingSmooth drywall work50 recessed lightingAll electrical neededAll plumbing neededNew cement walkway instead of one walk to the front door I created two steps with two lights in each step.Install kitchen cabinets, excluding countertopInstall all three vanities3 bathtubs with one being a modern standalone tub in the masterAll tile work (bathroom wall & floor, kitchen backsplash)Installing of all hardware, faucets, showerheads, etcInstalled 8 single panel doors with hardwareAdding self-leveler after tearing out that thick tileNew LVP flooring throughout the entire house except bathrooms,all baseboards, trimsPainting the entire house, painting all the doors, painting the outside trim.Reframing the outside balconyReframing the fireplace to install new linear modern electrical fireplaceand they took care of the two trash bins.I mean, completely redone.The only thing that was not included in the $40,000 is landscaping, counter top cut and install and of course the ADU which I’m currently working on now.So my question for my fellow investors and contractors did I pay too much?
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31 July 2024 | 4 replies
Friend advised I could check to see if the leases have a cancellation clause upon sale that can be triggered, but no luck