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18 May 2024 | 4 replies
I'm looking to rent it out and rents in the area are $2,400-2,500/mo for a 3-bed/2-bath property like mine, especially on a waterway channel.The prior valuations have been $1.25 million in total but I've found from one lender that a valuation on a 6% cap rate may be the best way to give me the money I need to finish the project.
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17 May 2024 | 11 replies
Longer-term money like that means you can be more patient without constantly hearing the tick-tick-tick of interest racking up on the pull from the HELOC.
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20 May 2024 | 35 replies
Hold people accountable, don't keep the same crew for every time, make sure money is being respected in the way you can control it and have your *** backed by the contracts you sign with these folks.
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17 May 2024 | 4 replies
It's never wise to invest with 100% borrowed money.
17 May 2024 | 9 replies
Curious on creative ways to fund a deal if you didn't have private money for the BRRR strategy.
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17 May 2024 | 1 reply
It seems like this is one of the biggest challenges for people in real estate.This will not be a popular post, but taking a course on raising money will not magically raise money for someone.
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17 May 2024 | 21 replies
@Faisal ZamanI would suggest accepting rent payments only by money order or cashier check to avoid issues with returned payments.
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17 May 2024 | 8 replies
I recently came into a significant amount of money or so it is for me.
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14 May 2024 | 15 replies
Primer ensures no bleed through and paint can bond properly since you could br going oil/ stain to latex paint We find that getting bonding primer helps when painting wood trim and even paneling over the standard primer . . a little more money but it holds the paint and prevents pulling it off with tape.