I'm new to the real estate investing world and unfortunately am having an issue with my LLC partner (also my ex) and will have to buy him out. As of just recently, we currently own one house that needs to be gutted an...
Hi all, I'm planning on investing in my first rental property and want to get some advice on the math I'm doing to make sure I'm not missing anything. For starters I'm anonymized a lot of the information. The location...
Hi all! I'm new to Real Estate. I have some knowledge on how to give a rough estimate of repairs but I was wondering if any fix and flippers could tell me how they estimate repairs for a single family home virtually? ...
My question is... When do I take out the average 5% vacancy fee and the average 10% maintenance fee? Are both taken out of the gross rental income before all of the other operating expenses or after you deduct the ope...
Hi BP,
I've been working on a fix and flip calculator and I'd like to share it with the community. It's loosely based on the B.P Calculators and some things I took away from J. Scott's book.
The issue I kept runn...
I am interested in taking on my first flip project. So, let's assume I'm perfect at estimating rehab costs and at coming up with the ARV. Now, how do I accurately calculate financing costs before making an offer to th...
I'm running some calculations on a duplex that I'm looking at, and things don't seem to be adding up. This is my first real estate venture, so I want to pose the question to the community for advice.The duplex is in ...
I inherited a property that I own free and clear. However, I need to rehab it before I rent it. Which calculator do you recommend that I use? I've watched all the calculator tutorials but do not know which one will be...
Is there a payment calculator out there that can figure out what the payoff amount would be monthly, on a fully amortized loan after an additional amount was paid to principle each month?
My brain isn't wrapping itself around this one so I thought I'd ask for help. All hypothetical. Lets say I have 1 property with a purchase price of 125k and I have a mortgage on 100k at 5%I'm netting $1000 per month. ...