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19 August 2019 | 11 replies
Hey BP,In the middle of a rehab on my first BRRRR.Duplex is about 3000sqft and has ducts to first and second floors, but not to 3rd, and needs to heating and cooling options for entire duplex.
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24 December 2019 | 13 replies
I prefer to stay somewhere in the middle of both.Make sure to also pay attention to the other fees (underwriting, equity placement, guarantor, asset management, construction management, etc).
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30 April 2019 | 0 replies
Additionally, does any one have any tips for posting as a Referral/middle man kind of job.
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1 May 2019 | 3 replies
Thank you @Matthew Choi and @Ivy Flowers I really appreciate the advice.
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28 May 2019 | 10 replies
Let's just say you can get middle of the road rents at $1400 per month. $1400 (rent) - $950 (mortgage)- $140 (property management at 10%)- $98 (7% vacancy rate)- $70 (5% maintenance)- $70 (5% capex savings)= $72 a month of positive incomeMy goal is at least $100 a month of positive income per door.
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29 March 2021 | 25 replies
@Ivy FlowersHey ivy!
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30 April 2019 | 2 replies
I still do business with the guy I chose that had the middle estimate.More recently I ended up using a guy that also came in with the middle estimate for drywall, because the lowest estimate cancelled out the night before the job was scheduled.
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1 May 2019 | 6 replies
I would build a wall in the middle and install 2 roll up doors. 2x the rent.
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20 May 2019 | 12 replies
I am a new house flipper in Milwaukee and in the middle of my first project.
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7 May 2019 | 9 replies
Whereas a mobile home park in the middle of nowhere may go for a 12 cap because investors require a higher return for something that is much more management intensive with less appreciation potential.One might assume that a higher cap rate is always a good thing, however, if your business plan is to force appreciation by improving NOI, a lower cap rate multiplies the value of the improvements you made more than a lower cap rate based on the simple math of it.