6 June 2024 | 11 replies
Have done tons of research into taking loans etc, but probably settling on getting 20% DP and 6 months worth of monthly costs (maintenance/mortgage/utilities).Started looking to my state laws and saw I need 3 years experience to even get a MN broker license and was wondering how I should go about that.Does that mean I have to sell houses or is there a way to become an employee under an existing property manager?
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4 June 2024 | 3 replies
The 203k is NOT your normal rehab project because of the nuances, unique paperwork, timelines, payment structure, etc. that normal contractors struggle with.
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5 June 2024 | 13 replies
With 100 homeowners who received a cost estimate only 5 remained in the program due to costs of a single conversion climbing up to $1M...it's just not worth it.https://citylimits.org/2023/03/13/in...about-cellars/If there was something in place that was more affordable, I'm sure more homeowners would be willing to take this route, myself included, to meet the city standards.
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4 June 2024 | 9 replies
👋 Hey @Justin Lockee, long time investor in Charlotte metro for 10+ years; long term, short term, rehabs, and everything in between.
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6 June 2024 | 16 replies
@ Hannah MekschI'm working with RPC invest (Ron Phillips) company...Ask them to set-up a profile for you so that you can get more details about the properties that you are looking at.Rehab house has the scope of work listed.More pics and etc ...Look to buy my 1st before Dec. and cost segregation for taxesHope this informing help outCheer cheer
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5 June 2024 | 4 replies
House hacking in Austin is a cost-effective real estate strategy.
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3 June 2024 | 9 replies
However, it might come with higher maintenance costs and more management responsibilities.Financing and Down Payment: With your savings and HELOC, you can make a substantial down payment of 35-40%.
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4 June 2024 | 3 replies
My plan for property is to rent after rehab which the same realtor has a property management company we’ve discussed using.
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5 June 2024 | 3 replies
For example, if the cost of your time to self manage is $50/hour but you have something else you can do that's valued at $100/hour, you should hire someone else to manage for you.
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5 June 2024 | 2 replies
He is willing to deduct money off the cost of the building for the needed repairs and just lower the price for me to do the work.