Brendon Kerrigan
Countertops in Section 8 Rental near Boston
4 January 2021 | 18 replies
It is a very durable surface and home depot has a nice white option in stock that looks like quartz.
Bryan Frost
Will Opendoor permanently disrupt the real estate industry?
30 December 2020 | 16 replies
I really don't have that much skin in the game when it comes to changes in the industry.
Kat Hussey
Have any Air BnB Advice for a beginner?
2 January 2021 | 22 replies
Just make sure that the cleaners or cleaning company you have is very thorough and also sanitizes (wipes down every touchable surface).
Justin Nahas
House Flip Profit Estimation
1 January 2021 | 6 replies
Purchase Price $95,000.00 Estimated Repair Cost $40,000.00 ARV $189,000.00 Purchase Price $95,000.00 Purchase Closing Costs $3,800.00 Repairs $40,000.00 Holding Costs (W/S/G/PUD/etc) $6,000.00 Down Payment (Skin in the game) $15,000.00 Total Invested $144,800.00 Total Cash Needed From Lender $129,800.00 Points charged by lender 2.5 Points added to loan+ servicing fee $4,745.00 Total Loan Owed Lender $134,545.00 After Repair Value $189,000.00 County Excise Tax Rate 1.53% Excise (sale) tax amount $2,891.70 Realtor Fees 6% $11,340.00 Our Closing Costs $3,000.00 Their closing costs (they'll ask) $3,000.00 Total debits at closing $20,231.70 Total cash received if sold now $168,768.30 Total Money in The Deal $149,545.00 Total Profit (pre-income tax): $19,223.30
Jesse Hogue
Condo investments? Forced appreciation? HOA Fees?
31 December 2020 | 5 replies
I find that they are generally more careful with money than a property manager, as the board of directors all have skin in the game.2.
Steve W.
Investing in Areas With A History of Natural Distasters
10 January 2021 | 17 replies
Steve,I don't know for sure but I suspect the properties you are seeing that have not been repaired were damage by the surface water.
Chris Corvil
Is getting RE license worth it/an advantage for flipping/HH?
5 January 2021 | 1 reply
I'm in the Spartanburg South Carolina area and I feel as if I already know a lot about real estate but feel as if getting that license would help me get more skin and knowledge in the game.
Russell Grevler
How to handle rental income from various properties?
12 January 2021 | 6 replies
There is more than one way to skin a cat.
Evan D.
Strategy revaluation/Deployment of capital
14 January 2021 | 14 replies
I'd rather have my skin in the game and own some property rather than that.
Noah Taylor
Hard money loan with $0 down + line of credit
13 January 2021 | 10 replies
My suggestion is to always put your own skin in the game.