Ana Mills
Handyman can connect eletrics for Mini Split
23 December 2024 | 15 replies
I just was giving a rule of thumb (framing was what I was bringing into the convo adding sf/adding bed/bath etc. without stating framing).
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
I think just a general rule of thumb is if you don't have experience, I'm talking years + and hours + in this field.
Fareen E.
Corporate Transparency Act -- FOR NOW: Voluntary Submission Only
21 December 2024 | 0 replies
The ruling was appealed.
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
William Arias
New to Wholesale Real Estate Seeking Mentorship And Advice
24 December 2024 | 6 replies
Also, make sure to build trust with sellers and research Orlando’s zoning rules—they can really impact deals.
Hannah Liu
Excited to Learn and Connect in the Real Estate Journey!
31 December 2024 | 13 replies
Prices in Columbus are still low enough to find 1% rule deals and there's a ton of appreciation happening in this market as well.
Leslie LaBranche
Jerome Maldonado real estate developer training
7 February 2025 | 49 replies
Of course these are West coast rules CA OR WA.
NA L Harrison
Where to rent with 13 dogs?
23 December 2024 | 4 replies
If not again you would be better off buying your own home and having enough yard/space for all of them but 13 is still way to many dogs unless you live on a farm or own acres of land.I have worked in the banking business and have seen people lose their homes that they rent due to landlords kicking them out with very little warning due to breach of contract or a No pet rule.
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
30 December 2024 | 14 replies
Let’s break it down with the 70% rule to see if it’s investor-friendly:ARV: $190,000 (taking the middle of $180K-$200K)70% of ARV: $190,000 * 0.7 = $133,000Minus Estimated Repairs:Roof: $20,000AC: $4,000Additional repairs (general estimate for a property needing updates, say flooring, paint, minor plumbing): $10,000-$15,000Total Repairs: approx. $35,000Max Buy Price for Investor: $133,000 - $35,000 - $10,000 (wholesale fee) = $88,000Since you’re getting it for $91,000, you’re close, but to make it irresistible, consider negotiating the purchase price down a bit further.