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4 February 2024 | 6 replies
I don't know many urban/inner city new construction residential projects where the Code doesn't require sprinklers for life safety.
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5 February 2024 | 1 reply
My husband managed the project and he learned that it takes longer to complete than he was expecting due to working around contractor's schedules or materials not showing up on time.
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4 February 2024 | 1 reply
Updating flooring renovating minor bits and pieces and renting it out Lessons learned?
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5 February 2024 | 4 replies
Can the appraiser appointed by the FHA Lender assess the rental income based on the units post renovation.
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6 February 2024 | 14 replies
And with this kind of project Experience is as important as having the cash to pull it off.. but if you have the money to pay cash for the land and for all the entitlements and cash to put in the underground.
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5 February 2024 | 7 replies
., then let them know that you're asking in advance because there is a chance you will NOT be able to renew them as you may need to vacate and renovate/sell for personal reasons. it seems most tenants are more understanding of not having the option to renew, when you're just going to be emptying the place to sell it. obviously that's not always the case. i would also consult with a RE attorney in your state to make sure that you navigate this convo in the right way. i know in some states the wording would be incredibly important.
5 February 2024 | 2 replies
Due to a tragic incident, the original owner-builders were not able to complete the project and the home has been sitting vacant since.
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4 February 2024 | 0 replies
I believe that between managing the project and providing this labor I can save $150-200k on the build cost.
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6 February 2024 | 42 replies
If you're meeting deadlines, but you're always on pins and needles about whether the deadlines will be made, then you could always see if you can get a written estimated timeline from them when you're not currently on a project.
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4 February 2024 | 5 replies
I currently make over 100k a year and next year I’m projected to make ~170k so I might just buy a single family home and wait until I can buy another, then start my rental property journey in 2026.