All Forum Posts by: Kyle Dube
Kyle Dube has started 7 posts and replied 9 times.
Post: What Values Do You Put In When Analyzing Rental Properties?

- Posts 9
- Votes 2
Quote from @Nicholas L.:
these are all very different
closing cost estimates could come from a lender - they can send you a mock-up with estimates for everything
renovation costs are tougher to estimate as a beginner and will depend on what the property needs
property taxes can be looked up in the associated taxing jurisdictions
insurance could be quoted by an insurance broker
repairs - will depend on age of property and location
CapEx - will depend on the age of the big ticket items like roof, HVAC, etc. and how much those cost in a specific market to replace
utilities - will depend on who pays what (owner vs. renter), location, and how much is used each month
when you say they're "off" what do you mean?
Hi Nick. I am familiar with most of the terms you explained, but what my question is how do you determine these values for a quick evaluation of a property. For instance, if I was to look at a property in a different state, how do you find what the insurance cost may be in quick and accurate manner? While insurance is just an example, all I'm asking is that I've seen some analysis done where people kinda estimate some of these values or know specific websites that will provide these values. How is this done?
When I said they were "off" I was referring to things like ROI, Cash-on-cash Return, IRR and NOI. All of these values came in incredibly low sometimes negative. Granted I was being very conservative with my estimates, but I'm kinda in doubt that the values I calculated should be that low.
Thanks for the help.
Post: What Values Do You Put In When Analyzing Rental Properties?

- Posts 9
- Votes 2
Hi everyone. When analyzing a buy and hold style rental property, where do you find the certain the information you use to make these calculations. Specifically, I am confused about closing cost %, rehab/renovation costs, property taxes, total insurance, monthly repair & maintenance cost, CapEx and utilities. I understand the basic principles of how to obtain these, but for some reason whenever I calculate values it seems to be that they are extremely off. Please let me know if I am doing something wrong here!
Post: Meet Ups/Events in the Southern New Hampshire or Manchester Area

- Posts 9
- Votes 2
Hello everyone, If anyone in the Southern New Hampshire and/or Manchester area is aware any potential real estate investor meet ups or events in the coming months I would definitely like to attend them. I am relatively new to the space, but eager to learn more from experienced investors and provide value in any way I can.
Post: What do you look for when analyzing Deal?

- Posts 9
- Votes 2
Hi everyone. I was curious to see what you guys pay attention to when analyzing a deal? I've seen people focus on cash-on-cash return, ROE, ROI, etc. , but I was curious to see what metric you guys typically pay attention to when looking at a deal.
Thanks for the advice, I appreciate the help.
Through some of the literature I've been reading I've seen the term Escrow thrown around a lot. I'm just curious as to what this term means what it has to do with real estate investing?
What strategies did you guys use when starting out to network with other investors, lenders, contractors, etc? Some methods I am familiar with is BP events and possible chamber of commerce meetings. Has anyone tried these methods and have they been effective?
Post: Is There Comprehensive List of Documents Used In A Purchase?

- Posts 9
- Votes 2
Hello everyone. I was curious to see if anyone knew a reliable source that has a comprehensive list of the documents needed to close on a property? I realize that these vary by state, type of deal, location, etc. but if there is a possible outline that I could see that would be very helpful. I hope everyone has a great weekend and thank you for the help!
Hello everyone. After reading a few real estate investing books and watching quite a few podcasts I have some basic questions I hope I can get answered. Thank you for the help and I hope everyone has a great day!
1. After reading Brandon Turners book "The Book on Rental Property Investing" a section mentioned risks about lien. I'm not familiar with the term, but I do understand it involves debt of some sort. What exactly does this term mean and where does debt come into play?
2. What exactly is underwriting and what does this process entail? Where does this process take place in when making a deal happen (i.e. Before closing, after closing, when you first make an offer, etc.)?
3. How do you estimate rehab costs when first looking through a home? Without a proper inspection it almost seems like you have to use the eye test and experience to guess what the costs for a rehab may be?