Investment Info:

Single-family residence fix & flip investment.

Purchase price: $300,000

Cash invested: $85,000

Professionally remodeled home in the coveted Crescent Hill neighborhood! This turnk...

I kind of think this really won’t have any noticeable effect on prices tbh, and frankly even a 2% reduction in net fees is so minor in the grand scheme of things, I mean 2% movements are basically random statistical noise at this point.

This is gonna be one of the most important factors and you have little room for error as this is how you're going to get your ARV.Budget and Timeline - Present a budget detailing all anticipated costs associated with the project, including acquisition, renovation, carrying costs, and contingency funds.

Home warranties are a type of insurance basically.

Basically sounds like you’re putting down an extra $20k for…Him choosing the property (I assume/hope it’s really you both choose or it’s actually to his advantage to pick it, so this I feel can be disregarded.)Him running all the property management. 1) feels like he might get sick of doing all the work and forget why he’s doing it. 2) you’re paying $20k more to not have to do it so how long would it take for property management fees to reach $40k?

(I set aside 20K from the rents after mortgages are paid, so basically I take in 68K a year, save 20K for vacancies, have 48K left over, etc.).Principal pay down is 67K a year.Appreciation is 500-800K a year in a good year.

Fast forward, my daughter went on to other things and my son owns a couple of 100 units multi familiesI think you have to give them the opportunity to decide what they are interested in and will stick to.In high school/college I 'd have them reading on creatively financing projects.

Basically my VM was, "Hey, I am an investor interested in the property, and would like to send an LOI.

C) Or, do you just keep the door, still keep it as one unit, but basically separate your renters' and your space with a lock?

Sometimes an appraiser is going to disagree with your projections and throw the deal for a loop.