John Dallas
Wanting to retire with a few cabins in the Western NC mountains.
19 December 2024 | 8 replies
Also the value (in this case) is determined by the NOI, so assuming it will be worth 2x, is assuming your NOI is thru the roof (which is can be, but it's not likely in the first 5 years).
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
., major systems like plumbing/electrical)Full Gut/Studs Down: $85-$120 per sq. ft.Luxury Finishes: $150+ per sq. ft.However determine the Rehab Costs are only a part of analyzing a deal, you also have to focus on determine the After Repair Value of the property in the specific Area/LocationIf you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you!
Phillip Austin
Should I Offer Rent By Room Property Management?
15 December 2024 | 7 replies
Because they aren't traditional tenants in the sense with a 1 year lease and to determine fit for the house, I like to start everyone on 2-4 month leases and see how they perform.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Also, was there a background check on the tenants possibly having criminal backgrounds and or background check to determine if the tenants had ever been evicted in the past?
Gary M caceres
Water bill went up super high
16 December 2024 | 20 replies
Here is a guide for our water company that walks you through it: https://www.portland.gov/water/water-efficiency-programs/fin...I'm guessing it would be pretty similar for you, and if you determine that there is a leak by looking at the meter, then you may want to hire the leak detection company.As someone else pointed out, maybe just ask your tenants as well if any toilets are running or "ghost flushing" or if they have noticed any drips.Good luck!
Sean L.
New Investor looking to network
17 December 2024 | 4 replies
The mentor will have an opportunity to know you, see your determination and will, and then decide to pour their time and energy into helping you develop.
Felicia Richardson
Converting a Duplex to a Quad
15 December 2024 | 6 replies
Then a Civil Engineer, an Appraiser to determine what having a four unit would be worth, then a loan using the evaluation.
Rachel Seymour-Newton
New Investor debating options
12 December 2024 | 4 replies
Then determine if a long distance property is better or a local house hack.
Victor Lin
BRRRR in Seattle/Real Estate Investing in Seattle
11 December 2024 | 6 replies
I would just ask lots of questions and determine your advantages (time, money, knowledge, etc.) before deciding on an investment strategy.
Brian Larson
Assessing unmet demand in a rental market
10 December 2024 | 6 replies
Most investors take a look at the available rental units in a particular market, determine if its a good or bad market based on DOM and either dismiss the market all together or replicate the housing units that are absorbed.