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16 August 2024 | 4 replies
I have comps pulled, and my next step is to get a contractor/estimator out here to give me a better idea of rehab costs.
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20 August 2024 | 452 replies
That's how I would estimate it.
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20 August 2024 | 19 replies
I am getting another roofer company to come out next week to give estimate on yearly inspection/maintenance.
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16 August 2024 | 6 replies
Many have been burned by relying on their estimates.
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16 August 2024 | 4 replies
Plus most hard money lenders will require a fair market appraisal.If you plan to rent, you already have that documentation plus the appraisal will provide estimated rents.
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16 August 2024 | 21 replies
I'm trying to buy my first investment property with ~$100k saved up.My brother started his first W2 job last month that pays $45k/yr+ commissions.I plan to get a minimum wage job/an entry W2 job since I'm still in college and to hopefully qualify for a bigger loan.A lender estimated we'd be eligible for a $300k loan with $100k down, and a $2,500/mo payment on a $400k property with only my brother's income as of now.California is too expensive for us so I have been looking into out-of-state investment properties.What would be the best investing route for us to take to grow our wealth?
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15 August 2024 | 17 replies
So I take what you have and what you expect, estimate the time it would take in a whole year of work and create my flat rate.I notice short term rentals are about 1 hour a month of work per property, since we need to track each property's Profit & Loss for Tax time, this is also tracking a mortgage and depreciation as well for that property.
15 August 2024 | 7 replies
@Lauren SanfordI barely learned I could resell and estimated around 50k at 0%.
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16 August 2024 | 5 replies
Stock market returns estimated to be much lower next 10 years.
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16 August 2024 | 11 replies
Just get lots of estimates, as they can differ by thousands.