You need enough time to earn healthy returns, but not so much that your kids graduate before the sale.Considering market cycles, five years is a modest stint in which to invest, make improvements, allow appreciation, and exit before it’s time to remodel again.A five-year projected hold provides a buffer between the estimated sale and the typical seven- to ten-year commercial loan term.

I purchased a shell of a SFH last December in Philly through Maverick from ABC Capital for 43k with a 55k renovation cost separated into 3 draws.

What are your cap ex costs to get the property up to or above market rents. 

Do you know reno costs? 

Regulatory hurdles, escalating construction costs, and the evolving market dynamics require adaptable strategies to succeed in these diverse real estate landscapes.Lets get to work!

It will cost more than what Zillow charges, but it is worth it to protect an asset worth hundreds of thousands of dollars.

Because the owner was disappointed with her whole situation and was almost given up, I was able to tell her that she can end up with some money and it would not cost her a dime.

:-D  It is the opportunity cost brotha man.

The roof needed to be repaired, which added another $10,000 to the cost, but doing that allowed the insurance to be cheaper and ensures that the rood is good for another decade.

The costs of transferring to an LLC: In Florida, we have to pay doc stamp tax upon transfer of a deed at $.70 per $100, plus recording fees.