Chris Galvez
Closing cost increase
Good Morning Everyone, Has anyone notice closing increasing in the past year? I'm doing some research and wanted to see if anyone might have any information regarding the increase of closing cost ; possibly due to TRID?
Chris Seveney
Costs Are Increasing !!!!
As inflation rises, note investors need to take a closer look at their costs. This is why it is first and foremost critical to understand the costs of owning a note.Things like legal fees, servicing, and insurance are...
Andy Pembleton
Increasing material costs
I have no doubt in my mind that I want to try my hand at real estate investing and just jump right in. However, due to the pandemic, and from my current experience of working at a building supply yard, I am made aware...
Mayer M.
How are you dealing with increased costs to build?
Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
Rob Hendricks
Do carrying costs increase cost basis?
I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
Jake Booher
Tenants Pay Utilities
I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
Rodneisha White
Increasing cost of framing material
Have any other real estate investors who build from the ground up noticed a significant increase in framing materials? If so, what are some strategies you are using in order to curb the additional costs? Thanks in ad...
Nathan Ruffrage
HELOC increase without closing costs
Hey there!!!I’m an investor with a Heloc on a property that is very low. The property is valued three times that of the current line of credit. I understand some banks will simply increase your line of credit without ...
Henry Clark
Self Storage- Building Cost increases
Just got our latest estimate for our Phase 2 of a location. This is for your normal drive up units. Last fall Phase 1 we were $3,200 erected for 10 x 15 or 10 x 20. This was contracted around February of last year. La...
Ramsey Persing
Increased Material Cost for Rehab?
Hi All,
I'm new to the community and been looking into starting BRRRR investing. One thing I've heard multiple times from friends (one who is a contractor himself) is that material costs for rehab have increased dra...