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7 October 2021 | 1 reply
So, for example a bathroom remodel quote might include everything except the fixtures and flooring materials because you need to choose those and the price of those items could vary a lot based on the choice.So, I would clearly define the scope of work you expect from the contractor and look carefully at what is or isn't included in the quote.
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11 October 2021 | 6 replies
Advantages to BRRRR out of state:Lower costMarket advantage - buy in expanding marketBuild better investor skillset due to remoteReuse equity and scale fasterDisadvantages to BRRRR in general :Difficult for new investor to accurately define After Repair ValueDifficult to find properties meeting criteriaMy tip would be don't hunt the BRRRR to simply pull out all your equity.
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19 September 2021 | 45 replies
So I'm just gonna ask it what do you define as a real handyman??
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11 September 2021 | 6 replies
What in your opinion defines a good area for a town home development?
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20 November 2021 | 33 replies
Lake County was very landlord friendly comparatively in all aspects!!
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2 September 2021 | 12 replies
Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).
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18 February 2022 | 20 replies
It’s very interesting I think just from a storage aspect.
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26 November 2022 | 10 replies
To briefly explain each:Operating Agreement: This identifies the company, states its ownership (equity ownership %'s and initial investments), defines member duties and lays out other structural features of the business.
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10 November 2022 | 1 reply
Which is fine, bit the landlord needs to define exactly which market he’s after.
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18 November 2022 | 21 replies
I wish I had more knowledge in the construction side of things, i'm a little scared of figuring out the rehab aspect of the BRRRR strategy.