Stephen Tawiah
Funding For First Real Estate Deal
2 January 2025 | 9 replies
It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...
Penny Wilkinson
Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
Income approach Also known as the rental income approach, this method estimates the market value by analyzing the property's anticipated future income and converting it to a present value estimate.
Mike Sfera
BP Rent Estimator
9 December 2024 | 1 reply
Quote from @Mike Sfera: for a duplex, is the BP rent estimate for per unit of combined?
Chris Menne
Should I Sell or Rent Out?
3 January 2025 | 18 replies
If I rent it out, I'll be hiring a property manager because I don't want to deal with trying to manage it from out of state.Some numbers:Purchased with 0% down VA loanPurchase Price: 189KMortgage: 172KRate: 2.25%4 Bed / 2.5 Bath~2400sq/ftBuilt in 1992Zillow Sales Estimate: 280KZillow Rent Estimate: 2,100/moRoof and AC are less than 10 years old.
Khyree Randall
Seeking advice for making offers on mls listings
17 January 2025 | 15 replies
To adapt, focus on refining your ARV and repair cost estimates, explore off-market deals, and consider creative financing strategies like seller financing or partnerships.
Kadeem Kamal
Boilers heating costs ruining my analysis
4 January 2025 | 1 reply
Is there any good rules of thumb to estimating the cost of a boiler?
AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 2 replies
The financial and social extent of this disaster (initially estimated at $50B) is underestimated by at least 5-10X.
Eric Coats
Running STR #s for Newbie
10 January 2025 | 19 replies
To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
Many of them might be skilled folks but they are not always the best estimator and business person.
Jared Haxton
Setting Up and Marketing 4.25% Seller Finance Deal
17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.