
18 September 2015 | 1 reply
I am looking for investor friendly real estate agent and also a good contractor to help me with estimates and repair work as needed.
25 October 2015 | 71 replies
Below is my estimates on what buying a $800k duplex in SF would be like if rented for $3000 each side.

17 September 2015 | 8 replies
If you can buy up over time the lots around it and accumulate land then you might have a development play down the road when things build up around the area.

16 September 2015 | 6 replies
I have two banks (both local) that have given me a good faith estimate.

19 September 2015 | 2 replies
Give him an estimate, of course.If this property is close to you, I would charge him a fee for overseeing work and use your best management firm, unless you want to manage it and charge him an additional fee.
18 September 2015 | 6 replies
Here are what the numbers look like at 76k:Purchase Price: $76,00020% Down Payment: $15,200 Closing costs: $4,000 (estimate)Rehab Costs: $11,500 (could be less)Mortgage Payment: $300Gross Monthly Rent: $1250 Cash Flow: $325 (using 50% rule).ROI: (325*12) / (15,200+4000+11,500) = 12.7%Zillow says the property is worth 130k, I am getting comps pulled as well.Just wanted to get some opinions on this, its getting harder and harder to find deals out there that are in good areas.

30 September 2015 | 12 replies
@Jaelyn Whisler to come up with rehab estimates, it just takes practice really.

18 September 2015 | 12 replies
I was looking at the property on zillow and it gave me $396/month as the estimate for insurance so I used that in my calculations without even thinking.

17 September 2015 | 12 replies
If the repair cost estimate needed to get the property rent ready is more than you needed to have a comfortable ROI, but there's still plenty of equity in the house to do a flipWholesale the propertyFor example...

17 September 2015 | 3 replies
My advice would be to be very realistic about property values and the areas of Cleveland you invest in, have a good understanding of how to estimate repairs, and have a few exit strategies that you're prepared use if plan a dosent work out!