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4 February 2025 | 8 replies
AI is not some magical, all-knowing miracle that can pull leads out of thin air.AI is simply a faster, more hands-off way to find the same low-quality leads you get from DMM, cold calling, and SMS marketing.You’re not improving lead quality—you’re just finding bad leads faster.
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13 February 2025 | 4 replies
You aren't necessarily building that much equity (cost of building exceeds the value) but it is a third option that is a hybrid.Another factor is location.
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24 February 2025 | 30 replies
It is a way to get some kind of assurance that any guest damages will be covered.I would love to see how AirBNB would react if the whole house burned down due to a guest. 300-500k in rebuild costs.
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19 February 2025 | 15 replies
Research state-specific costs and regulations to decide what’s most cost-effective.3.
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26 February 2025 | 9 replies
Through renovations of the apartment units and recently executing a lease for the restaurant space, by the fall my rent roll will be increased to $29,600.00, My total costs will be $2.85M, and anticipate stabilized valuation to be $4M and is a true trophy property I will own with my capital partners for years to come.
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17 February 2025 | 5 replies
Let me know what experience you have and what monthly cost you paid for these utilities.
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12 February 2025 | 3 replies
Purchase price: $137,500 ($44,000 in to the property... loan at $101,000)Appraisal: $180,000 ARV: $195,000Est rehab cost: $7,500Scenario #1: 75% LTV cash out refi at 4.25%...
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13 February 2025 | 5 replies
Cost overruns were tremendous.
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12 February 2025 | 0 replies
Learned that hired labor is the highest cost when rehabbing or fixing up to flip.
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21 February 2025 | 4 replies
You need a reserve to handle unexpected costs, particularly during the first 1-2 years of ownership and learning how to manage the property.