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16 April 2024 | 12 replies
Lenders typically want to see 2-3 new builds completed within a 12-36 month period, depending on the lender.
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17 April 2024 | 10 replies
For the first property I did, I had someone in the building meet the deliverymen and paid them a small fee for their time.
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16 April 2024 | 0 replies
Then with the equity you build up through loan paydown and appreciation over the course of a few years you can cash out refinance and use that money to snowball into another property.
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16 April 2024 | 7 replies
Then you owe ABOUT 0.009% per year of the building value per year you should have taken depreciation. (25% tax on 3.636364% of the building value you depreciated.)good luck.
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16 April 2024 | 8 replies
My only concern with shower doors is that I've found that most tenants don't properly clean it as they are a bit harder to get into the tracks and everything so there may be a bit more mildew/soap scum build-up than what you would see with a curtain.
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17 April 2024 | 9 replies
Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.
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16 April 2024 | 6 replies
I’m also looking to build a team and make friends along the way.
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16 April 2024 | 16 replies
Lastly, go to meetups and meet other building owners.
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17 April 2024 | 5 replies
On the rehab cost build in a margin of at least 10k but ideally more like 20k and verify with a contractor.
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16 April 2024 | 4 replies
Build this skill, and I promise you'll come across deals in your area worth wholesaling, and you'll learn about the market and RE by speaking to sellers/investors.