Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
13 January 2025 | 11 replies
After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property?
Moshe S.
1031 my portion or total sales price
16 January 2025 | 7 replies
In a 1031 exchange, the replacement property must exceed the total sales price of the property sold ($700K in your example), not just your equity portion.
Chris Pew
Anyone with experience working with Total Quality Lending
2 January 2025 | 3 replies
I just closed a DSCR loan on a Duplex with Total Quality Lending.
Max Bellino
Online Cost Seg studies Vs Site Visits
30 December 2024 | 5 replies
@Max Bellino For smaller properties like your 2–4 unit multifamily buildings, an online cost segregation study is a quicker and more cost-effective option, providing sufficient accuracy for straightforward properties.
Lorraine Hadden
Is online shopping causing the death of Malls - What does that say for Commercial RE?
5 January 2025 | 17 replies
Each market, each submarket and each mall will dictate the use of this space.I don't think online shopping, per se, is killing malls.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
A1: Yes. 1099s are for the annual total, not per job.Q2: Do I need to send 1099s for materials?
Alex Messner
Purchasing first home (with debt)
16 January 2025 | 10 replies
I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.
Evan Miglorie
New zoning on family home, how will it effect total price?
13 January 2025 | 1 reply
My real estate agent thinks I'll only get 1.1 million for my home but due to a few factors I think it should be more. 1. They are set to change the zoning in my area, allowing ADU's and other construction. I don't thi...
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
I can provide him with an online log in so he can review the books from his office.
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
In my search, I've noticed that many positions require proficiency in Yardi.I've been actively looking for effective ways to learn Yardi, but it seems challenging to find suitable training or courses online.