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1 September 2024 | 7 replies
Two of the books that have helped me when I was in your position are Start with Strategy - https://store.biggerpockets.com/products/start-with-strategyThe Book on Estimating Rehab costs - https://store.biggerpockets.com/products/the-book-on-estimat...Since you like the podcasts - these are available as audio books and broken into audio chapters so you can listen just like podcasts!
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1 September 2024 | 79 replies
MLS, direct mail, through a wholesaler, etc.The property can be located in PA or NJ, they do not care.We have to send them a detailed comp reportWe have to have our GC's come out for bids (on our dollar)We have to have our inspector come out (on our dollar)We have to get the property under contract with a 10 day inspection period before we can show it to them or have their inspector come outThe contract has to be assignable$50,000 is the profit they ask us to shoot for6-8 week rehab time, no structural issuesOnce we find a property and get it under contract, we must immediately pay $795 for their inspector to come out, send them our comp report and our GC estimates.
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30 August 2024 | 29 replies
@Will MejiaFor taxes: the first step is to pay an accountant specializing in real estate to estimate your tax hit.
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29 August 2024 | 13 replies
. - how can i get a rough estimate on how much the properties will offset?
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30 August 2024 | 9 replies
Sellers did not allow us to get professionals in to give estimates for a french drain before closing (yes, our red flag we should have walked away with), but agreed to lower closing price.
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31 August 2024 | 18 replies
Get and estimate and then get it in writing that he's going to cover 1/2 half the price before it's started.As for your tenant, let her know what she is doing is absolutely unacceptable.
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29 August 2024 | 5 replies
Under estimating the rehab amount needed2.
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29 August 2024 | 24 replies
What are you estimating in terms of gross- and net yield on your student rental deal?
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29 August 2024 | 1 reply
You can lookup annual revenue estimates on airdna.com for short term rents.Havasu is a great location, I am looking there myself.
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29 August 2024 | 1 reply
I have a contractor that gave an estimate to do $1700 in general repairs.