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1 August 2024 | 4 replies
What is a good starting place for an estimate to completely overhaul the interior of each 900 sq ft 3br/1ba unit as current tenants move out?
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5 August 2024 | 14 replies
Local municipalities and states have GIS data online that reveals much of how a property will be developed, even streams can be estimated (nothing like a photo of running water tho).
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6 August 2024 | 9 replies
$1200/unit can be possible on the east side, but I would need to see the listing and give you an estimate on rehab.
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1 August 2024 | 5 replies
I asked a lender to run an estimate for me and I was shocked at the amount of fees that I need to pay.
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4 August 2024 | 1 reply
Our strategy is to buy land cash, take construction loan to build the structures.Some napkin math for this strategy:Land cost : $200,000Building and furnishing Cost: $400,000 for each A-frame (Provided we have electricity, well ready )Airdna revenue estimate shows $400 night rate with 70% occupancy.
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3 August 2024 | 2 replies
Considerations:-Cost to build at $350/sqft -Estimated value of 1,000sqft DADU (3bd / 2ba) after completion: $600K-Estimated after completion value of 2,000sqft single family (4bd / 3ba): $900K-Estimated after completion value of 1,000sqft ADU (3bd / 2ba) after completion: $550K
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5 August 2024 | 7 replies
The lions share of our bookings (about 65%) are still brought in by Airbnb/VRBO but I estimate I can bring up occupancy 10% to well managed properties with these tools.2 - Even more important is pricing.
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5 August 2024 | 2 replies
Here are the numbers…Purchase $375,000.00Cleanout $25,000.00Rehab $375,000.00 (I estimated a little under 275, 100k lesson) All in right at $775,000.00With current rents the NOI is 108,000 annual.
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8 August 2024 | 22 replies
The reasons to have employees do recreational investing on their own time became clear when Scoutpads went under, leaving about 160 people who’d found real estate investments via the platform, including the dozens of Meta employees, with an estimated $50 million in losses.
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4 August 2024 | 10 replies
My estimate is we roughly added <3,000 homes in the same time (average monthly permits x 12).