Brett Alphin
Too Good to be True? - A Quick Property Analysis
22 February 2016 | 13 replies
I saw this one on the hotsheet and sneezed a little at their estimated rents too.That area is actually pretty supportive of closer to $650/$750 for 2 bedroom units in decent shape.
Ben Roberts
6 properties to be sold together. Is this a deal?
16 February 2016 | 3 replies
Rehab Estimate (vacant or if resident leaves) 14.
Calah Lopez
Starting from the bottom- where to go from here? CA
17 February 2016 | 17 replies
Call a couple insurance companies to get estimates.
Stephanie Hardy
Unsure if buy & hold is for me...
18 February 2016 | 6 replies
Also, because I don't know much about repairs and costs, I am afraid I wouldn't really be able to accurately estimate what the costs would be and would go broke from misestimating the costs.
Jorge Perez
New Member from Massachusetts
20 February 2016 | 9 replies
Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.
Nick Alvarez
No go on 30 unit in Portland, OR.
4 March 2016 | 9 replies
Our capex estimates increased substantially based on what we'd need to do to pass code but also to raise rents (somewhere to the tune of $500K-$800K).
Skylar Dejesus
Intriguing deal? JV Partners?
17 February 2016 | 6 replies
.= $2,600.00 Monthly Maintenance estimate= $340.00 Annual Taxes = $5,984.00 Monthly Vacancy Cost estimate= $75.00 Monthly Maintenance Expense % = 5.00% Monthly Capital Expense estimate= $370.50 Monthly Vacancy Expense % = 8.00% Monthly Property Management Fee $0.00 Monthly Capital Expense % = 5.00% Total Monthly Costs = $4,663.99 Monthly Property Management Fee % = 0.00% Monthly Profitt = $2,236.01 Rehab Costs = $0.00 Annual Profitt = $26,832.07 Purchase Costs = $0.00 Debt Coverage Ratio = 1.48 Monthly Rent $6,900.00 Annual ROI = 26.83% Money needed up front = $100,000.00 Months to break even= 44.72
Joel Fischer
Best way to invest $40-60,000.
16 February 2016 | 1 reply
My mortgage broker estimates I can take out somewhere between $20,000 and $40,000 on this refi.
Account Closed
MOST EXTENSIVE REHAB TO DATE-WEST SEATTLE
20 August 2016 | 19 replies
@Elias Dagher We do not have an exact number or an estimate for the 3rd story, because we own the construction company that does the work.
Darren Horrocks
Toronto/GTA Market Correction - Ripple Effects
4 July 2016 | 16 replies
hahI read this article today (January home sales give rise to correction concerns) discussing market correction in the near future for Toronto and Vancouver, given that now even the condo market is seeing double digit growth month after month, without a shortage of supply unlike in home prices.My question is: Is there a way to estimate or calculate the ripple effect of that correction to the surrounding markets?