Neil Narayan
Texas comes in No. 1 for new residents in latest Census data
11 January 2025 | 0 replies
Texas added more new residents than any other state over the past year and now has a population of over 31 million people.According to estimates released Dec. 19 by the U.S.
Ella Marie
New and ready to learn hands on
26 January 2025 | 7 replies
If you haven't already, read "The Book on Estimating Rehab Costs" by J.
Cameron K.
Seeking Feedback: Market Rent Research Platform
27 January 2025 | 1 reply
One thing I’ve always done is focus on the 75th percentile of the rent estimates, as my properties tend to fall into that range (very nice, but small with no amenities).While I think there will always be some manual research involved, the current platforms lack key functionality that could be easily implemented with the available market data and technology.1.Quality Metrics:•Filter comps to match the quality of your rentals.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
This company charges 15% on top of any maintenance requests in addition to their normal fees but all I need to do is approve the estimates - they do all the work/communication with the contractors.Recently my PM sent me a few maintenance requests: a $1400 to fix some plumbing in a bathroom (clogged and leaking - contractor says they need to cut the pipes, reroute and replace some plumbing, recaulk.
Walder Javier
Has anybody worked with Rehab Financial Group? (Hard money)
23 January 2025 | 3 replies
Be sure that you are honest from the jump, your estimated rate are only as good as the info you give them.
Taylor Jernigan
Best place to find actual private money lenders and not brokers?
23 January 2025 | 3 replies
They also know about real estate so less likely to charge you extra fees to get an appraisal or BPO because they can estimate the value themselves.
Becca F.
Insurance to rebuild in your area after natural disasters and other thoughts
20 January 2025 | 0 replies
I've seen estimates of $200 to $400 per square foot for SoCal with $700 sq ft for something higher end and building up a hill and but possibly higher for San Francisco Bay Area (lhigher labor costs, etc.).
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
Currently, I have about $20K left on mortgage and estimate value is$175K.
Dean Malka
Rehab costs estimations
18 December 2024 | 11 replies
I then created an excel sheet with those estimates to know (a) what to offer for land to make my numbers and (b) to hold the sub to what they estimated for me.
JR Mack
Graduating analysis paralysis
13 January 2025 | 11 replies
Quote from @Jaycee Greene: Assuming you pay asking price, I'd estimate the down payment for something like that using a hard money loan (HML) would be around 40% of the purchase price and your monthly payment would be $2,600 with an interest rate in the low 7% range (probably need a 700+ credit score to get that).