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31 December 2024 | 0 replies
These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.
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15 January 2025 | 8 replies
Preforeclosure's best model is "going down with the ship".
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24 December 2024 | 9 replies
I actually used to have a game modeled after Monopoly that was called Slumlord😂 same type of antics with buying property, maintenance cards, dealing with code enforcement etc… Bought it at a real estate convention
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9 January 2025 | 8 replies
I like your model for the start and end dates for your units.
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23 January 2025 | 30 replies
Perhaps one day, I will come to understand your business model, whether with NextLevelEquity.com, or Goodin Development.
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31 January 2025 | 19 replies
If you're starting with this model, it can be highly beneficial as it allows you to gain first-hand experience with the daily operations, actions that must be taken, requirements, market demands, and more.
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15 January 2025 | 27 replies
I can run and model numbers and am a CPA so comfortable with the finance side of things.
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15 January 2025 | 8 replies
Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.
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3 January 2025 | 3 replies
I realize we’d probably want to bring in a real estate attorney, but I’m assuming there are models in place that are probably well-established for such a partnership that I know nothing about.
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15 December 2024 | 1 reply
I am an aspiring real estate investor, excited to dive into the world of property flipping.