Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
At AHP, we sometimes see clean out estimates of $3,000 - 4,000 and know well that a local investor could probably get the work done for $500.
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
The benefits of Kissimmee for a newbie is analyzing property potential is very easy - you will have a ton of carbon-copy comps to look at and the online estimators like Airdna can actually be pretty accurate.
Jeison Avila
New to Wholesaling Real Estate Excited to Learn and Grow!
3 January 2025 | 5 replies
If you are able to lock up deals and you mess up the repair estimate (like most wholesalers), no one is going to buy it and you will be buying too high.
David Robert
Single family home with severe cigarette damage, great price
28 January 2025 | 4 replies
But if you have the capital or access to an investor, this sounds like it could be a good deal, but at $900/month, I'd estimate your ARV will max out around $85k.
Jimmy Edwards
Ready to do deals!
10 January 2025 | 9 replies
If you decide to revisit STRs, you might want to explore properties where you can project expenses independently, such as using local STR forums or online tools to estimate maintenance, management, and occupancy costs.For networking and strategy-building, you might find local meetups or groups beneficial.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
you just have to estimate them based on what the property needs.so if it needs a new furnace + a bathroom gut and remodel + new windows, you estimate that.
Derek Farmer
Fix and Flip plan
10 January 2025 | 18 replies
The reason that I did not think it was for me is it did not have a function for estimations.