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29 May 2024 | 0 replies
Partner Driven's financial backing and double closing method ensure smooth and efficient transactions, maximizing our return on investment.
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29 May 2024 | 0 replies
Partner Driven's financial backing and double closing method ensure smooth and efficient transactions, maximizing our return on investment.
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28 May 2024 | 0 replies
There is a common belief that recapture taxes diminish the value of performing a cost segregation study.
31 May 2024 | 8 replies
You forgot to put your state in your profile or your post so people would know if you are in a community property state or how much it will cost you to transfer ownership from your wife to your LLC.
1 June 2024 | 12 replies
Well it seems like you could just let them out of the lease, but then you have turnover costs, including time on market to find a new renter- meaning you're going to absorb loss is possibly because of this.
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31 May 2024 | 1 reply
I utilized a HomeStyle Renovation Loan, a conventional loan that enabled me to finance the cost of the rehab.
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28 May 2024 | 7 replies
Spectrum has raised their costs double and I was considering asking him to take care of his own internet costs and finally, How much of a notice is normally required, in writing?
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31 May 2024 | 6 replies
Ft ranch home with new appliances ( Refrigerator, dishwasher, stove(electric or gas), washer/dryer, microwave etc and contemplating whether it requires and electrical upgrade from 100 amps to 150/200 amps.Currently the HVAC system installed for central heating/cooling is 15 amps)and there is gas water heater.Do you anyone know if this needs to a mandatory upgrade or any recommendations around the same and what it can cost to upgrade electric panel to 150 amps/200 amps?
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31 May 2024 | 12 replies
You could easily bundle that into the cost of the rental and pay it for them...
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29 May 2024 | 21 replies
Let's assume you don't take a loan.Purchase Price: $1,299,999Closing Costs: $25,000Renovate unit: $35,000Build 2 ADUs: $250,000TOTAL: $1,601,000The cashflow calculation looks like this:Gross existing rent: $5,600Gross rent from 4th unit: $2,500Gross rent from ADUs: $3,000TOTAL GROSS RENT: $11,10020% Expense Ratio: -$2,220Property tax: -$1,354TOTAL EXPENSES: -$3,574NET CASHFLOW: $7,526So, about 3/4 of your $2M budget gets you to about 3/4 of your $10,000/month goal.