
30 September 2019 | 18 replies
The best thing you can do is to use pricing algorithms to see how profitable your property will be if you put it in the STR market

14 December 2022 | 7 replies
You should not be using someone else's prices (or Kukun's algorithm), you should be using your own prices from your local contractors and using the specific material selections you picked for your project.Here's an example of how bad some of the data is in Kukun and why it's not practical for investors that are wanting to create accurate estimates for their projects:I just added "Exterior Doors" to my project, and I was told that 4 single doors and 1 double door is $59,352 in Kansas City, MO which is 20x what I would actually pay as an investor.I believe the above was a bug, but nonetheless there was no way for me to fix this issue or understand why or how it was calculating this value.In summary, you don't need a fancy algorithm to tell you what something costs, you just need to know basic math and have a general understanding of how much materials cost and what contractors charge for specific repairs.For example, if I have 5 exterior doors I need replaced (4 single entry doors, 1 french patio door) this is how I would estimate the costs:- Single exterior doors labor 4 x $250/each = $1,000- Single door material 4 x $300/each = $1,200- French patio door labor 1 x $400/each = $400- French patio door material 1 x $750/each = $750Total = $3,350Add 25% profit for your contractor and the quote should be around $5k for 5 doors.The hard part is finding out what your contractors charge, after that it's just basic math that you can do in a spreadsheet.

8 June 2019 | 15 replies
Land development can take years and have a lot of upfront costs such as roads, sewer, engineering, permits, hearings, etc.

3 June 2019 | 4 replies
My tenant left and left 2 cars-one with no engine-one with expired tabs-can I call the police to have them towed?

3 June 2019 | 3 replies
It uses computer algorithms to determine the value based on recently sold property but it's strictly a numbers game.

3 June 2019 | 3 replies
I’m coming across a lot of skip tracing websites, and I would love to know which ones is the most reliable to you?

9 June 2019 | 0 replies
Getting engineered wood at $5.5 sq/foot with install to match downstairs.

10 June 2019 | 2 replies
Person 2 would have about a 725, person 1 would have about a 680 (assuming everything else is identical on their two credit reports).If person 3 had 5 credit cards, each 2+ years old, and had that $5k spread across them with 5 credit cards each individually at 20% of their limits, they would have a better FICO score than persons 2 or 1. 800+ range.FICO score treats their algorithms as a trade secret that I'm not privy to, the above is just based on me looking at a LOT of credit reports...

28 June 2019 | 3 replies
You will want to hire a company that does high quality engineered based cost segregation with top quality documentation.

7 August 2019 | 3 replies
At this point, the DOB suggested that I confer with an architect or engineer to determine next steps in making the space legal for retail.Does anyone have experience with this type of situation?