Lindsey Costello
Breaking into the Providence Market during Corona 2020
7 June 2020 | 20 replies
What I am seeing personally, is that a lot of (non investor) buyers have pumped the brakes with making a move, just because of all the uncertainty ahead of us.
Buddy Chou
Is any lender actually funding during shelter at home?
2 April 2020 | 5 replies
Construction loans and rehab loans have had the brakes put on them.
Ryan K.
STRs converted to LTRs and impact to LTR market
10 April 2020 | 9 replies
Great time to buy right now, but it is a very fluid market.
Serge S.
Paycheck Protection Program (PPP) using PM
5 April 2020 | 5 replies
This is still fluid as we and our sba lender relation partners are waiting for more guidance.
Joe Haine
CRM for Investor Relations & Deal Sourcing/Management
28 February 2020 | 8 replies
Make sure you have a fluid design that allows you to manage the leads from the point they come into your CRM whether it be you or eventually a team member.
Aaron Romine
House-Hacking for my first rental property....Help!
23 March 2020 | 20 replies
Do you want to invest money upfront or replace things as they brake?
Kody Crittenden
Why is wholesaling not as well known ?
4 March 2020 | 17 replies
Sort of like Fixing someone else's car brakes requires you to be licensed and insured.
Doug Dias
First BRRRR: Worcester, MA Single Family
9 May 2020 | 8 replies
We are now one week into the rehab as I type this.Current BRRR Numbers:Pre-closing Costs: $2,740Plumbing inspection (because the house needed to be dewinterized, $150)Home inspection ($525)Appraisal ($655)Electrical inspection (because power was off on the day of the appraisal, $150)CO and Smoke Alarm ($366.57)CO and Smoke inspection ($52.50)Rehab consultant ($840)Kitchen Appliances: $2,000 (estimated)Plumbing: $7,300 (estimated)Oil tank ($1,800)Water heater ($1,000)Chimney liner ($2,000)Re-piping as needed ($2,500)General Contractor: $32,000Roof replacementDrywall patching and painting of entire house (trim, wall, ceilings)2nd floor bathroom spruce-upClosing exterior door in master bedroom and finish sidingBuilding two closets in two bedroomsBroken window repairsWindow frame repairsScrape and paint area over bulkheadFinish floorsRemove and dispose drywall from basement spacesRear deck repairFront steps repairInstall handrail to basementFoundation masonry repair and paintingRepair cement stepPatch area of exterior trim near kitchenPatch two rotted window sillsCap extra basement doorFill in dining room windowAsbestos: $1,500Electrical: $2,000 (estimated)Closing Costs: $3,733Home Purchase Price: $149,000Total All In: $200,472Expected ARV = $250,000 (initial appraisal for rehab loan came in at $235,000)Amount I have invested in the deal = $50,000Expected Cash Out at 80% = $50,000The situation is still very fluid, as we still have at least three more weeks of the rehab in front of us, but the numbers thus far are still looking promising, despite all of the surprises.
Chaits J.
BRRRR investing in Jacksonville
9 March 2020 | 4 replies
I tried my best to read through the posts but keeping how fluid RE market data is, I decided to ask one more time.Please suggest Zip codes and Contacts based on the criteria below.