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New investor here. I’m stuck when I try to run numbers on a potential deal, how do you generally estimate rehab costs? I don’t know where to start on such topic.
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Hello everybody!looking to accurate my rehab costs calculator, specifically in the Pittsburgh area.Of course, It varies from one investor to another, depending on the quality, standard, size, condition, and team.I am ...
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Generally speaking, are the closing costs and rehab cost, additional costs that are not included in the money someone would get from a lender?
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I paid cash for a property and the bank will only loan me the amount of the sale and not include the cost of the repairs and rehab on the property. My understanding is a bank will do a construction loan and then lend ...
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If I put $20k into rehab is that entire amount deductible? Also, will it, along with depreciation, offset penalty for cashing out 401k?
My 401k wasn't a lot so my 10% penalty is only a few thousand.
Thanks
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when using the BRRRR calculator is the rehab cost payment in the rental phase?
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Hello! bigger pocket pros. I made the decision today that I would like to become a real estate investor!! ( got the go ahead from the wife ahah) I currently have 2 properties one is a rental and one I'm living in. I ...
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I did some research and found varying numbers for sq footage costs, they ranged from 10-45$ a sq ft. Does that sound right for Buckeye Az?
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I am just getting started. Many years ago I spent 11 years as a real estate agent and a mortgage broker. I want to get started flipping. I started my LLC, got a bank account set up and put some money in it. It is ...
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I recently shared about my first deal consisting of a rental unit that I have 13K in cash and about 12K in consumer debt (interest rate 12-14%) invested. The rent is 550/month and it is currently leased. I have had it...