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2 April 2019 | 10 replies
Hello, I am commiting myself to finding a good deal on a mfh that I can buy for no or low money down to do a househacking setup, but I need an agent to help me find the deals as I am not learned in analysis yet.
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8 February 2017 | 1 reply
Other than the typical analysis points, anything specific to this area I should be looking at?
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15 February 2017 | 56 replies
I have a board across from my desk that has all my properties and their expenses/ income on it ( Quartet dry erase planner) i can tell you right now that the " average" cost per bedroom for a house where i invest, will cost me $175 / month. so a 4 bedroom house will run me $700 to run that house ( not including mortgage) but that's taxes, insurance, water/ sewer, utilities if i pay some, garbage, maintenance ( snow and lawn), leasing fee, and PM %. so when i look at a house to buy, i can do a quick analysis of it based on the amount of bedrooms and what my mortgage would be if i would make money, those are my standard " hard costs". yes if someone has to go there and do work, if its a contractor or one of their handyman, you will get charged for it, and that would come out of the money you allowed for such maintenance.
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9 February 2017 | 9 replies
If you wanted to gauge value based on comparative analysis, maybe ask a realtor to help comp things out.
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9 February 2017 | 3 replies
Up until that point though, for analysis purposes, I would plan on a re-assessment based on either purchase or appraised value.....
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9 February 2017 | 1 reply
The deal analysis link is HERE.
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9 February 2017 | 2 replies
Unless you are talking about a program I am not familiar with I would make sure your financing is correct.As far as analysis of cash flow you need to provide expense data.Again please ensure you are able to only live there for a couple of months.
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28 February 2017 | 12 replies
I need accurate utility numbers to include for my deal analysis.
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18 February 2017 | 9 replies
Multifamily deals close all the time with deal analysis that is compiled by apartment and mortgage brokers (and buyers) when the seller's records are less than stellar.
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14 February 2017 | 9 replies
I've had just 3 possible deals that I thought were going somewhere, but after more analysis, I had to let them go because they weren't going to work out.