Elizabeth Rose
Underwriting a PadSplit deal - assumptions and operating expenses
4 December 2024 | 9 replies
.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!
Ben Berg
First Time Buyer with house hack!
3 December 2024 | 10 replies
You could roll an estimate for utilities in with the rent to make it easy, or charge each month which takes a little more time/effort.
Joel R.
Am I required to issue 1099s to contractors if I only have one rental unit?
6 December 2024 | 12 replies
It is not, it has limited application, and for travel expenses it does not apply at all.If you do not have a mileage log, you have to do your best good faith estimate and then pray that you're not audited.
Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
3 December 2024 | 19 replies
It's super competitive here and we have a large flow of off-mkt homes coming our way, so we had to develop tools to speed up acquisitions/underwriting.I built something that allows VA's or very green staff members the ability to properly distinguish opportunity as if they had years of expert experience & local market knowledge.It will run sales comps & estimate ARV for you:And has drilled-down market stats that are actually useful!
Nancy Almann
Tenants "out' of the rental, 'but we still need to clean!'
2 December 2024 | 3 replies
The only reason I knew they had scheduled their closing date is because I texted that several workers would be out to give me estimates for yard work.
Marcus Robert
Self Directed IRA or Other regarding 401k
5 December 2024 | 4 replies
I sat down with a tax attorney and we looked at this in detail.
Anna Davis
Interested in house flipping… using HELOC .
3 December 2024 | 5 replies
Go back home and create a spreadsheet and estimate what you need to do.
Jackie Liu
Sewer Utility billing question
2 December 2024 | 10 replies
I estimate high of what the bill would be and put it on their lease, I have not had any issues this way and if the water bill goes up, I will increase on the next lease.
Jonathan Greene
What are your real estate investing goals for 2025?
30 December 2024 | 103 replies
It's a good trade-off for now.On the agent side, the best performing videos for me are two kinds:1. market specific with detailed info only for locals (Top 5 restaurants in this part of town, why you should move to Milwaukee, etc.)2. home inspection rundowns and buyer-side process videos.I use all of my playlists to send to buyers, sellers, and investors in advance so all of their questions are answered without me having to go back over it.
Carlos Julio
Investing in subto deals in Cape coral?
30 November 2024 | 2 replies
Quote from @Carlos Julio: If you are looking to invest in Cape coral Florida, send me a PM as we are looking to dispose one property using creative financing (subto) Will send you more details as I don't know if I can post details hereThanksInterested, please send details