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19 August 2024 | 9 replies
No General Contractor wants to do a remodel with the residents still living there....they will charge you more (they probably will not show it, but the prices will be higher because of the huge PITA factor and increased liability)I would wait until you have completely moved out and then just give them the house empty and ready to roll.....But you can get a Scope Of Work going and start getting bids...even plans and permits if you're going that far...
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20 August 2024 | 50 replies
Originally posted by @David Putz:@Jared Irby I jumped on to see if i can get more clarification regarding 180-360 redemption differences and wanted to clear up the IRS liens.
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18 August 2024 | 11 replies
Even that is a few hundred if you DIY it, perhaps more if you pay someone.
19 August 2024 | 6 replies
Hopefully you did not pay too much for the dirt. 1 acre is optimal these days because of desired double to triple drive thru for QSR.It can become a problem because if they make the building smaller you get less rent but they do more sales.Example a QSR used to be 3,000 to 4,000 sq ft but now instead wants double drive thru's as not many go inside for fast food like pre-covid.If you get 1,000 a foot less at 30 a foot you just lost 30k NOI and now at 5 cap example paying all cash NNN once developed you have lost 600k value.It can fine as long as you do not overpay for the land.
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18 August 2024 | 18 replies
I am wanting to add one more property this year.
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19 August 2024 | 13 replies
It was more to have another cool place to vacation and let it pay for itself and appreciate.I never plan on selling either property.If I see a great deal on a beach house that will be next.
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19 August 2024 | 7 replies
The view from the condo, e.g. the higher the floor, you can see the lake from it etc is valued much more to renters and owners than a 2nd or 3rd floor unit.
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17 August 2024 | 25 replies
The hard numbers listed next to them are more telling.
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13 August 2024 | 15 replies
-I am seeing more and more posts from people who say they have "HELOC money."
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19 August 2024 | 7 replies
Initially yes; seems like it would be a bit more manageable as I’m just starting out.