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16 October 2024 | 22 replies
As the options come in you or someone needs to analyze their potential, do a drive by, get in to see it, and then someone would need to estimate the rehab - a quick way to do this yourself is ask three different GCs what their price per square foot is on a full gut and average them out and use that price per square foot for your rehab estimates.But let's say you get a funnel started and even analyzers to pick out the gems among the muck, now you need your contractor to come in and give you his estimate and then you need your financing lined up and get your term sheet based on your offer, the rehab, and what you think the ARV will be.
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15 October 2024 | 14 replies
Plan your house hack by running cash flow estimates, checking rental regulations, and planning for FHA or Conventional loans.
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14 October 2024 | 5 replies
If I could get an estimate on the time and cost for the variance, the next step would be to engage an architect or developer.
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14 October 2024 | 6 replies
For example, you can write something like:"Spoke with GC for 1 hour regarding renovations for STR property, discussed scope of work, timeline, and cost estimates."
18 October 2024 | 34 replies
the reality is you have negative cash flow when properly estimating the expenses on the 3 rentals (no way 3 rentals have $1300/month maintenance/cap ex, pm, vacancy, and misc total (basically $433 per property).
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11 October 2024 | 7 replies
It is suitable for beginners or data analysts who have no prior experience with title searches.Step-by-Step Procedure1.
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13 October 2024 | 5 replies
Unable to estimate appreciation potential because it’s brand new and no room to add on or make improvements, but over time I do think some appreciation due to prime location.
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11 October 2024 | 3 replies
There is a banner on the top that states "Listing cannot be published without a Zillow Advertising Contract," I filled it out but have gotten no email confirmation or estimated time of completion.
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11 October 2024 | 4 replies
After we build the structure, is there an general estimate of how much the property/house will appraise for when said and done?
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9 October 2024 | 8 replies
I would consider buying a duplex, tri or quad as a primary residence and move into one of the units and rent out the others.You could sell your primary and use the capital, or pull the HELOC and use to buy a small multifamily.You can also learn how to flip properties to generate additional income to use to buy properties to hold longer term.You can also consider looking into a job in the real estate industry, such as an analyst, broker, lender ,etc that can get you in the gameAll the bestGino