Daniela Beck
Best Tips & Value-Adds for Airbnb in Pittsburgh
26 January 2024 | 6 replies
Needless to say, it will be difficult to find something in Lawrenceville for less than 200k that doesn’t need a nearly full remodelThat’s a really good point, I’ll go back to the drawing board
Andrew Thomason
Land Development Opportunity Advice Wanted
27 January 2024 | 7 replies
Generally speaking if the entitlement process is by-right, meaning the permitting can be completed based on the in-place base municipality zoning, the approvals add less value than a situation where the land might be zoned let's say for an autobody use and the developer obtained variances to build dense multi-family building.
Jon Fizette
Need help with fees for managing my brother-in-law's property
28 January 2024 | 10 replies
I have actually always like military tenants as they always pay (want to avoid that you have to go to the base and talk to their boss or garnish their wages).2.
Logan Turner
Can I personally purchase a house from my LLC
28 January 2024 | 40 replies
I am closing one right now for 80% LTV based on the appraised value, but only up to the max. of the original purchase price. look into it, maybe even call one of my company LO's in your area to confirm you can do this.
Wencheur Antoin
A pleasure to be here and connect with you
27 January 2024 | 2 replies
Hey simon, thank you for taking your time to react, Definitely that is what I am doing right now, I already connect to a few of wonderful souls.Thank you for your kind words, they are greatly appreciated.Are you GA based?
Rahnesha White
Quick claim deed- voids lender/owner title insurance?? Due on sale??
28 January 2024 | 14 replies
First American Title Insurance Company, 2020 Where transfer to LLC was voided based on clause in policy.
Trey Manfield
Off-ramp for hemorrhaging negative cashflow
27 January 2024 | 16 replies
This might help for stabilizing.I'm speculating (based on size) that it's not in Sand city, Seaside or Marina.
Robert McCormick
Tax Assessment Value Doubled - Will Annual Taxes Double? (Sussex County NJ)
26 January 2024 | 16 replies
But still would be lower than Sales comp which is based on recent sales.Show pictures here and to a local realtor.
Spencer Cuello
Fix and Flip Deal Analysis
27 January 2024 | 3 replies
RoR is the more important metric though which take into account your holding time Rate of Return(RoR) - I prefer to invest in deals with 100%+Rehab Costs / Profit - 2 is good, 1 is great, less than 1 PhenomenalCost/SqFt of Rehab - helps you determined minimum Profit MarginProfit Margin - Base 10%, then add 1% per $5/sqft in rehab costsI would recommend reading/listing to the following books.
Levi Cartwright
18 years old looking to buy first property
28 January 2024 | 19 replies
At your age if you start this way and save a majority of your income, you will set yourself up to continue to invest and build up a base of properties very quickly.