
11 September 2018 | 10 replies
Estimated cost is $4,000 for a single 650 sq. ft. unit.

2 September 2018 | 7 replies
(I don't mind sharing it - I won't get it anyway - so if it is truly a deal and a BP member can get it, all the better)Details (read the Zillow description - the listing details are wrong): Address: 6610 52nd Avenue Ct W, Graham, WA 983384 mobile homes for $156,000Each home is a 4bd/2ba with laundryCurrent tenants pay $1700 average rent per homeSpace rent is $700 per lotThe numbers (per month for all 4 homes):Total gross rent: 4*1700 = 6800Total lot rent: 4*700 = 2800PITI: 860 (this is for the full $156,000, i.e. all 4 homes)Vacancy - 15%: 1020Property management - 10%: 680Maintenance - 10%: 680CapEx - 5%: 340W/S/G (this is a wild guess - I have no clue): 4*50 = 200Total expenses: 6580Total cashflow: 220I feel like I've been quite pessimistic with the estimations (e.g., 15% vacancy), and it still produces a positive cashflow.
1 September 2018 | 3 replies
I would get an estimate for repair of the mirror and charge that.

7 August 2019 | 6 replies
They came back with a required 25% down and an all in estimate of $32,000.

1 October 2018 | 16 replies
Without knowing more, estimate 50% of rent will go to expenses other than financing costs.

14 September 2018 | 5 replies
It uses a large database to estimate value of donated items.

6 September 2018 | 10 replies
Using a blanket cost/sf is not a good way to come up with a rehab estimate/budget.

16 September 2018 | 10 replies
3 bed/2.5 bath 1900 sq ft home in desirable Richmond va neighborhood$525000- current value$362000- purchase price in 2009$70k- left on 15 yr mortgage at 3.25%$2400- monthly mortgage including tax and insurance$2700- estimated rent8%- estimated mgt feeProbabaly will need new ac unit in next year or two.

4 September 2018 | 3 replies
Your estimating rent to come in on property of $1500 a month but your mortgage payment with insurance and taxes is going to be north of $2000 a month plus other expenses.

2 September 2018 | 2 replies
I went through the property once and was scheduled to go through the property for a second time with a contractor to get a Scope of Work and Repair estimate.