10 May 2018 | 7 replies
If you're doing commercial you're looking at 5%+2) CapEx at 6% seems low, typically when doing revenue/expense analysis 10% is what people use (though if the property really is in great condition your 6% may be justified)3) Most on BP will recommend you budget in some amount of Management Fees because if you plan on doing buy and hold, eventually you may get to the point where you want to outsource the management.
27 April 2018 | 9 replies
@Kevin Phu 1k is exactly what my assumption has been when doing my analysis, but unfortunately, that wont be enough cash-flow for this deal to work out.
26 April 2018 | 1 reply
Plus resident agent service...Corporate Direct comes recommended, but it’s $832.
27 April 2018 | 2 replies
Your Cash Flow analysis is inadequate.
26 April 2018 | 1 reply
Hello All, We have a 2 flat on the 3500 block of West Palmer in Chicago and need to hire a local guy to cut lawn, trimming, and spring and fall cleanup. Can anyone refer me someone they have worked with. Thanks in a...
1 May 2018 | 8 replies
In regards to practicing analyzing deals, to build an analysis process I browsed the MLS and scoped out some deals that looked interesting and would analyze them in all aspects, as I would if I were actually going to buy it.
27 April 2018 | 6 replies
This has been on my mind too, so I would welcome any criticism of my analysis.
27 April 2018 | 2 replies
Offer a service (e.g. you drive and buy the food) while they check properties and run the numbers.
2 May 2018 | 13 replies
@Freddie Williams, if you are going to do a seller carry, I recommend you use a third party servicing company to make sure the payments are being applied towards the balance of the seller carry note.
17 February 2020 | 1 reply
I'm having a hard time finding an already made excel spreadsheet with a good break down and analysis of cost for itemized materials, labor, lot cost and all associated fees...Sure I could spend the time to build a spread sheet but it's not my expertise...any luck?