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4 April 2018 | 10 replies
Let me know if you'd like to partner on any projects.
3 April 2018 | 1 reply
But now I am looking to spend less time working on these projects and more with my family. plumbing, electrical ,carpentry any contactors in North Eastern Pa (scranton area)you are willing to share is appreciated
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15 April 2018 | 25 replies
If you’re planning on one project at a time, you can decide what you want to do and what you don’t feel comfortable.
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5 April 2018 | 6 replies
Now I'm about to start rehabbing another duplex with her acting more as a Project Manager and overseeing the Contractor since I cannot be there to make sure the work is being done in a quality manner and on time.
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3 April 2018 | 0 replies
I’m nervous, but really excited about taking on a project like this.
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25 June 2018 | 12 replies
One of the investments finally paid out and return the principle with over 10% ROI (more than the projected 10%).
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4 April 2018 | 4 replies
The borrower and the asset itself.Borrower:Your credit (are you a trustworthy borrower), are you capitalized enough to float this project/ cover the debt, track record (borrower/ contractors experience).Asset:Comps (as-is & ARV), LTV metrics (lender can help verify these if you have questions), detailed budget and scope of work, tentative schedule, exit strategy.Of course any lender/ partner will dive in a little deeper after the initial pitch but if you have all of the above ready for your initial conversation it will go a long way in getting deals approved/ partners on board.
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3 April 2018 | 3 replies
Which do it yourself projects on home renovations have given you the best returns?
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3 April 2018 | 2 replies
I decided at the time that I wouldn't pursue it as I convinced myself it was risky in case the neighborhood turns for the worse.Well, the property I purchased ended up renting very quickly and for $200 above the projected rent and the property next door just dropped in price, so it's looking attractive again.I'm hoping BP can convince me one way or the other.
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10 April 2018 | 21 replies
Using correct vacancy rates, tax numbers, and rent projections will allow you to compare deals across markets.