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13 August 2024 | 5 replies
We figured the septic permit from the county would be sufficient - but turns out our foundation quote/budget was way too low due to soft soil.We're trying to figure out if we can get the land under another type of financial instrument and continue with the RV plans without putting a home on the property.
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13 August 2024 | 4 replies
Hi folks,My wife and I have a construction to permanent mortgage loan on land+home where we intended to build.Unfortunately, we found out that unexpected foundation work due to soft soil would likely make the project use triple our contingency reserve before even breaking ground.We are exploring our options on how to transfer our current financial obligations for this construction loan to some other loan offering (as moving forward with the project is now too financially risky).
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14 August 2024 | 10 replies
I currently don't have the resources to make any investments just yet, so possibly a mentor or someone willing to teach me some of the skills needed.
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15 August 2024 | 26 replies
Then you get down the rabbit hole of integrating platforms and automating your workflows which takes a lot of massaging and some technical skill.
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12 August 2024 | 20 replies
Or develop moneymaking skills I didn't know I had in me because I had to push myself?
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12 August 2024 | 1 reply
A $10,000,000 property is inherently more complicated, needs a multiple of different skills to operate, has financing infinitely more complex than the $100,000 property.
13 August 2024 | 7 replies
It’s currently mostly passive income even though he has the skill for it.
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11 August 2024 | 6 replies
Quote from @Josh Kinnebrew: What are your skills?
12 August 2024 | 22 replies
Here’s a blog on investment analysis that I recently wrote if you’re interested. https://www.biggerpockets.com/blog/real-estate-investment-analysis-for-any-asset-classBeing a good developer requires you to be good at at least one of these things: money or equity network, construction knowledge, architectural design experience, project management skills, and a broad network.
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13 August 2024 | 6 replies
Do you have any specialized skills or knowledge that will give you an advantage?