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Hello everybody. I am from Chicago, I have a construction company which 90% of our work is for investors so its still into the flipping and rental business. But I want to make the next step and start doing my own flip...
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Hi Everyone - I've been doing some development projects in Austin and Houston over the last 5 years, but am headed back to South Carolina later this year with some new deals in the works.I'm trying to get a grip on th...
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Hello, I’m trying to get an understanding, so I’ll keep it simple. I have private lenders that will loan my corporation up to 75% loan to value on property. Let’s say we borrow $100,000 at 12% interest and secure t...
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Has anyone ever looked at self-insuring wholly owned rental properties rather than paying an insurance company?
I've been toying with this idea for a while. Obviously it only makes sense after reaching enough...
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This was a very slow year for us on flips. We did only 16. From 16 we only sold 14 and 2 were sold to rent to own tenants.Margins ranged from minus 3k on one :) to 23k on most profitable one.What are you guys making?
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First of all I want to say that cash flow is not the leftovers after you collect rent and pay the mortgage. I see conversations all over BP talking about cash flow and it gets very misleading and confusing. Especially...
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My hot water heater has a leak, I had a plumber look at it and they couldn’t find the issue. It’s 14 years old and they quoted me $3000 to replace it. This is Apple wood plumbing, I live in Thornton Co. It has a 10 y...
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Assuming the potential deal you are analyzing meets your target IRR for investors (net of fees), what's the best way to determine if the deal make sense from a sponsor/developer's perspective? Is it simply making sure...
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So, I've got what I consider a friend and colleague who is about to get her brokers license. We've talked about it before and we're still talking about opening a brokers office together. She'll bring the real estate e...
Let’s face it—property management fees aren’t cheap. While you may need to hire a property manager if you’re investing out of state or are unable to self-manage your property, these costs can quickly eat into your pro...