Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
- Accountant
- Los Angeles, CA
- 668
- Votes |
- 1,422
- Posts
ANALYZING PROPERTIES PART 2 QUESTIONS
Since my last post I have been taking action practicing with the rental property calculator to analyze properties. I have also watched both webinars on analyzing properties (they really helped). However, I am still having trouble with the following figures and numbers:
1. Closing cost
2. Points charged by lender
3. Other charges by lender
4. Utilities
5. PMI
6. HOA
7. Insurance
8. Garbage
9. Other monthly expenses
10. Repairs
11. Capital expenditure
12. Annual Income Growth
13. Annual PV Growth
14. Annual Expense Growth
15. Sales Expense
HERE ARE MY QUESTIONS:
A) For each of the above can I find the amounts online or do I have to call the utility/broker/insurance agent/property management company to get estimate figures of each of the items listed above to plug in the calculator?
B) Since I am trying to look for a rental in LA and LA has so many sub markets do I have to call the utility/broker/insurance agent/property management company to get estimate figures of each of the items listed above to plug in the calculator whenever you switch submarkets?
C) If you do have to call these different people for all these figures then how does Brandon say that the analysis process only take less then 30 min per property?
D) If you can find these amounts online for your market how do you know that it is accurate?
Thank you,
Jason