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All Forum Posts by: David Scheuring

David Scheuring has started 4 posts and replied 5 times.

Multi-Family and Apartment Investing

Post: Commercial Broker in Pittsburgh and Philadelphia

David ScheuringPosted
  • Investor
  • Telford, PA
  • Posts 14
  • Votes 0

@Joseph ODonovan

That would be great and much appreciated.

Dave

0 Votes
Multi-Family and Apartment Investing

Post: Commercial Broker in Pittsburgh and Philadelphia

David ScheuringPosted
  • Investor
  • Telford, PA
  • Posts 14
  • Votes 0

Hello all, 

I am looking for a commercial broker in both the Pittsburgh and Philadelphia Markets.  Let me know if there is anyone that you would point me to>

Thanks

0 Votes
General Landlording & Rental Properties

Post: Rental Property Calculator

David ScheuringPosted
  • Investor
  • Telford, PA
  • Posts 14
  • Votes 0

When using the rental property calculator to evaluate a purchase, what are good numbers to use for Vacancy%, Repairs and Maintenance % Capital Expenditure % and he future assumption percentages? for income growth, PV growth and expense growth?  

0 Votes
Real Estate Deal Analysis & Advice

Post: Deal for Rehab properties

David ScheuringPosted
  • Investor
  • Telford, PA
  • Posts 14
  • Votes 0

So I made 5 offers in the last 2 weeks - several that were listed on the mls and several dealing directly with the seller. I determined the ARV, used the 70% rule and subtracted the repairs. I was outbid on every deal and not by home owners. Am I doing something incorrectly?

0 Votes
Commercial Real Estate Investing

Post: Would you do this deal

David ScheuringPosted
  • Investor
  • Telford, PA
  • Posts 14
  • Votes 0

Have a deal that I want to make several offers on.  Here are the details

Arv is 450,000

Repairs are 120,000

70% rule yields an offer of 195,000

The house if owned free and clear.  If they hold a mortgage and note during renovations with no interest or payments until the house is sold, would you offer more - in the 230,000 range?

0 Votes