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19 January 2025 | 41 replies
let them know you want their official answer for posts and information is posted on social media and the newspapers before you post anything so they have a chance to review it.
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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.
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12 January 2025 | 4 replies
They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.
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12 January 2025 | 0 replies
Looking for a house we could house hack, had an incredibly low interest rate on mortgage and house has increased in value about 42%, an estimated 180k in equity.
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4 February 2025 | 10 replies
Additionally, they should be helping with taking video walkthroughs of the location and the property, estimating renovations/scope of work, helping you learn neighborhoods, building your real estate team, etc.
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14 January 2025 | 7 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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15 January 2025 | 8 replies
(The floors are tile and terrazzo, so it is easy to clean up spilled paint.)We haven't gotten an estimate on the painting from a painter yet.
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20 January 2025 | 31 replies
@LaTonya Clark “One can’t tell but I do know part of me is willing to take a chance”…You make it sound as if real estate investing is no different than gambling….
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7 January 2025 | 1 reply
When I'm figuring out how to price an Airbnb I always cross-reference AirDNA or PriceLabs to get an estimate on what the income would be.
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7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.