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Results (10,000+)
Ugo O. Calculating ARV and the 70% rule
12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level
Sanjay Singh Thoughts about Indianapolis
16 December 2024 | 11 replies
I would recommend flying out there, getting to know the area on a detailed level  and talking to local investors (someone not trying to sell you anything).
David Mile WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
16 December 2024 | 2 replies
It’s a bit like playing Monopoly but with real addresses and real money.. and when done right, it can feel like unlocking a secret level in the real estate game.But hey, no point pretending it’s all sunshine and roses.
Wade Wisner Take Aways from 2024
12 December 2024 | 0 replies
The problems with the project mostly stemmed from the crawl space work, which required shoring, replacing structural members, leveling floors and insulation. 
Gary Andres New Member - Commercial DT Rehab- Northern MI
9 December 2024 | 1 reply
It is in a northern MI Downtown area (opp zone) in a county seat with 2 hospitals, had it re-zoned to mixed use, and is considered blighted which makes it eligible for MEDC funding of up to 50% of project cost.It is 8k sqft (4,000 each level) with the lower level being a walkout (top level is street level with sloped drive down to the rear of the building).
Mike Sfera New to REI; looking to learn and connect
13 December 2024 | 9 replies
That can vary depending on the market and the level of service provided.Hope this helps!
Jake Baker Co-Living (rent by the room) BRRRR
11 December 2024 | 10 replies
Calling the appraiser to see what you can do to push it up a "C-Level" would be smart before doing any reno also, might only need a few things to make it far more valuable in the eyes of the bank.I've heard of a tactic for figuring out demand, which is to put up a dummy or coming soon listing on facebook marketplace and see the amount of activity you get on it. 
Pete Galyon WHO ELSE has is seeing amazing returns in there areas??
16 December 2024 | 13 replies
BUT....With the rates dropping ( and they will)  Buyer interest will increase and the markets will immediately start to level first , then increase( prices) as both buyers and sellers see the market stability and value.
Ryan Williams Pay off Primary or Buy Rentals?
18 December 2024 | 23 replies
I will not use the equity from my personal residence to invest in real estate, sure it can make more money but its just my level of risk tolerance.  
Jaren Woeppel Looking to buy property management business
11 December 2024 | 4 replies
Would we be able to spend $1k in aquisition costs to get to that level?