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19 October 2024 | 7 replies
Maybe ill have better luck trying to ask specifics with the group.On my sheet total project cost is calculated by adding Closing costs + Repairs + Holding Costs + Loan amount + Hard money fees.
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19 October 2024 | 7 replies
They had movers pack-up and store their belongings while all the necessary repairs were made.
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18 October 2024 | 10 replies
However, tenants have not been great, basically late on rent and/or leaving repairs that eat all profits.
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20 October 2024 | 3 replies
Eitherway, in time after repairs are made and I recive a fair insurance payout I will reinvest but with a lot more 'micro managing' apps approach.
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18 October 2024 | 25 replies
When someone tells me that "you won't have repairs or cap ex for a while since the seller just renovated it"... well that property is -$300 to $-500 a month from repairs called in by the tenant most months.
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25 October 2024 | 33 replies
You just need to bring it in continuously every other day for repairs, to keep fixing the stuff that constantly breaks, to make it run, so because the car is always being fixed (because it always breaks), my conclusion is the car works, and so the car brand is A-Okay.That doesn't make any sense, does it?
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18 October 2024 | 3 replies
If so, have them ask their provider if it will cover temporary housing while repairs are made.2.
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19 October 2024 | 6 replies
It is not uncommon for landlords to hope that the condition of their property is "good enough" when really things should be repaired or replaced.
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18 October 2024 | 1 reply
Good Offer Price: Without knowing the current bleeding amount, it’s tough to give a precise number, but generally, aim for 70-80% of the after-repair value (ARV) minus the cost of repairs.
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18 October 2024 | 3 replies
Also, consider factoring in a conservative appreciation rate and double-checking your repair estimates.Hope this helps!