Steven Woods
Small Multifamily development Q's but need A's!!!!!!!!
29 December 2021 | 3 replies
Currently in the process of acquiring land from the city to start the permitting phase of the project.Q's: Anyone know of any excellent real estate attorney's, multifamily insurance providers, ground up construction lender??
Emanuel Ciupala
Best Self Motivational Books
28 December 2021 | 3 replies
As for self-growth in human relations and productivity, The 7 Habits of Highly Effective People by Stephen Covey is excellent.
Adeolu Morawo
Is this loan favorable? How may I negotiate it?
9 December 2021 | 2 replies
If you have good to excellent credit that is a bit high in closing costs.
Christian G Leone
FHA Loan House Hack in Expensive Area?
18 December 2021 | 11 replies
@Shawn Mcenteer excellent answer buddy.
Brady McClendon
Father-in-Law is Motivated Seller! Advice for Buying his House?
16 December 2021 | 10 replies
There's a reasonable chance that I could qualify for a $1 million conventional home loan (based on my income, debt-to-income ratio and excellent credit score) and I could ask him if he'd be willing to wait for the 45-60 day close on the conventional loan (which he may be ok with, if he's selling to me); however, I only have about $30k to put down (not the $200k+ required for 20% down plus closing costs).
Buyan Thyagarajan
How to determine when to Pay GC or contractors on Rehab
9 December 2021 | 3 replies
Do you have any project management templates in excel or any other tool which could help?
Austin Haynes
What to do if a appraisal doesn’t come back for what you offered
22 February 2022 | 17 replies
It's extremely common for buyers in the Austin market to waive the appraisal contingency to win in multiple offers, which means they are removing their right to terminate or negotiate if the appraisal doesn't meet value.
Michael Taylor
Determining Multifamily ARV before purchase
15 December 2021 | 14 replies
you can plug in the numbers to the bp calculator - i use the bp calculator and my excel models to be sureAssumptions as an exampleassume $650/mo rent for each unitassume 8.333% vacancy rate (1 month)assume 40% operating expenses (kinda high but cap ex can be pretty stout)assume a 5% cap rate Cap rates are important to know with these type properties.
Andrew Kiefer
Best Proforma calculator/ analyzer for small developments
9 December 2021 | 1 reply
Excel.
Mike Hasson
When is it time to treat yourself? [Reinvest VS Spend profit]
27 December 2021 | 44 replies
Whatever you want but make sure to celebrate the wins along the way or you will burn yourself out.