Teodoro Vecchio
How to find what a property will rent for?
8 October 2021 | 9 replies
When I comp a rental, I use the biggerpockets rent estimator then I follow it up with a call to a local property manager to verify that's an accurate market rental rate. nothing will beat calling a property manager, they have all the information you will ever need or want to make your final decision about a property.
Alan Ouellette
Does this seem high to you?
6 October 2021 | 3 replies
Ask the lender for a fees worksheet or loan estimate to see the breakdown in fees.
Daniel Sabato
Property Manager Make Ready Timing
7 October 2021 | 4 replies
How long for a make ready estimate?
Wynn Meyer
Financing advice for owner-occupied SFR needing major reno.
6 October 2021 | 3 replies
In the process of securing estimates from GCs to develop a total cost for the project.
Joshua Gitter
House hacking in Westchester County NY
7 October 2021 | 5 replies
Yes I think you'll find tenants--take a look at rent listings and rent estimates on Zillow.
Randy Dulac
How does Zillow/ Redfin caculate price estimates?
7 October 2021 | 1 reply
They aren't relevant estimates, they should not be taken into consideration in decision making.
Eric R. Dehner
Cash Out Refi: PSLF forbearance
7 October 2021 | 1 reply
My loan officer said because they are in forbearance they will need to estimate a 1% payment (>$3000.00) per month.
Warren A.
Knob and Tube with three breaker boxes in Little Rock Triplex
13 March 2022 | 6 replies
But until the K&T is removed and replaced with Romex, the contractor could only give me a rough estimate of $5K - 10K .Challenge #2: There may be other issues that come up once this is permitted and the City becomes involved.
Chris K.
Best way to get rental comp data?
7 October 2021 | 1 reply
Best to just use the estimates as a guide and then get in there and do your own work from there.
Carl Graff
Is my rent increase policy too generous?
7 October 2021 | 4 replies
I only have two rentals and this is my current formula for annual rent increase for current renters.The greater of 4% or 1/4 the difference between current rent and Zillow Estimate not too exceed California AB 1482 which is capped somewhere between about 7% and 10%A concrete example:Current Rent $2937Zillow Estimate $35924% = $30541/4 Zillow Diff = $31015% base + 6% CPI cap at 10% = $3231In this case the increase would be $3101Note my rentals are EXEMPT from AB 1482 but I do honor this because I believe it is the right thing to do.