Paul Hernandez
Had anybody heard of Joe Arias?
2 February 2024 | 13 replies
I made it through mid morning of day 3 and decided to leave.
Max C Moore
1009 N Lasalle (Duplex #1)
1 February 2024 | 0 replies
What made you interested in investing in this type of deal?
Tony Pellettieri
New Construction HML in Foreclosure Proceedings - Needs Help
1 February 2024 | 1 reply
Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcI've spoken to a few HM Lenders and ran rough numbers by them.
Conrad Legé
STR in South Florida/Miami market
1 February 2024 | 19 replies
/year in the property in order to operate an STR.
Sean Mcintire
NAICS Code for Note Wholesaling
1 February 2024 | 10 replies
I'm just trying to fully comprehend what all of this means...In order to file for an LLC you MUST have an NAICS code listed as a business purpose.
Shannon Dennis
401k withdrawal to replace HML
1 February 2024 | 2 replies
That way we both made profit.
Account Closed
Boutique Motel Owners
31 January 2024 | 18 replies
I tried finding someone using Indeed and she was going to start a couple of months before I made the decision to sell but she told me her mother was going to die of COVID and was not going to be able to start working for me.
Patrick Wiggins
Single Family Home (South Colorado Spriings)
1 February 2024 | 5 replies
What made you interested in investing in this type of deal?
Shannon Dennis
Using 401k withdrawal like private money
1 February 2024 | 5 replies
That way we both made profit.
Kay Hart
Long time tenant but it's time for an increase
1 February 2024 | 15 replies
To help decide what to do, I ask myself these question in the following order:1) Are you currently producing cash flow?