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13 November 2024 | 12 replies
Does BNB Calc show the lifetime of the properties revenue or is it an estimate of what it could make or is it showing the last 12 months of revenue?
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14 November 2024 | 6 replies
This is all conjecture as I am not an estimator or contractor, but I know Monteray Consan 20 works well.That was my fear with this quote, it's heavy charges to tear down and almost nothing about doing the drywall after they tear it down.
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18 November 2024 | 12 replies
Your conservative approach to estimating income provides a solid buffer, and the strategic location adds a layer of security.
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21 November 2024 | 305 replies
In my estimation, somewhere between 20-100% more.
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17 November 2024 | 5 replies
I let them know, yes proceed on T&M not to exceed the original number and do not do any work above that number.Week later contractor finds an issue and says "hey, we have another issue and we can take care of it for $500, As it stands I believe I am going to come in under my estimated total." - So we authorize the work.Contractor submits the quote yesterday for $8k and is threatening me about it.
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18 November 2024 | 14 replies
I am estimating at least $50,000 between furnishing it and updating.How does this look:$1.3 million with 20% down DSCR loan buy-down the rate from 9% to 8% 30 year = $9,332 (principal/interest/tax).Utilities - $750Income - Was thinking $250 per day but let's say $225 per day for each unit (30 days) just looked at AirBNB and AirDNA in area = $13,500 (.20 vacancy) = $10,800.I would manage it, but still need to think of cleaning fees.
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15 November 2024 | 13 replies
Your estimated first-year NOI is $29,040, but after loan payments, you're left with a negative cash flow of -$9,126 and a DSCR of 0.761, indicating the income doesn’t cover debt service.
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13 November 2024 | 4 replies
I spent considerable time pulling comps and estimating fair market value, but given the unique features of this property, it was challenging to reach a confident valuation.
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13 November 2024 | 13 replies
4-Plex details: -currently occupied-estimated sale price 265k-ARV 400k, and 4k/mth in rentBackground on me: -I have an LLC-I own 4 single family rentals-each has around 70k + in equity-all cash flow well -credit is 800+ with adequate income.
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8 November 2024 | 2 replies
I would appreciate any knowledge share, or tips and advice on where to gather information to properly estimate for such a project.