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Results (10,000+)
Daniel Winschel How to estimate and begin construction?
13 April 2018 | 14 replies
I wrote a BiggerPockets blog post outlining common projects and their average costs here: https://www.biggerpockets.com/blogs/8814/72452-how-to-estimate-construction-costs-for-these-29-common-rehab-projectsAs far as analyzing deals, this post explains how to find comps and calculate ARV: https://www.biggerpockets.com/blogs/8814/68395-how-to-find-real-estate-comps-and-calculate-after-repair-valueFinding comps for multi-family properties is slightly different than finding them for SFR, generally in that you often have to widen your area and go back farther in time to find them as they are not sold as often, nor are they as common as SFR.Happy investing and feel free to reach out if I can help.
Cramer Guzaldo Multi family systems
11 April 2018 | 1 reply
You quickly learn which ones want to talk for ever and which ones just have something quick to say.If it is important or a real problem I can call them back.If it is a repair issue I then text my handyman or HVAC guy to go fix the issue and it only takes me a couple minutes to deal with a issue.I then follow up with the repair person to make sure things are taken care of.
Quincy Miranda Wholesaling Foreclosures with no equity
11 April 2018 | 1 reply
I need some advice on possible options.Here is some of the information about the property and his issue:ARV: 150,000Rents for 1450Minor Repairs (cosmetic)He owes 23,000 to bring the mortgage currentThey will auction the property 5/10/18Can someone please advise on what possible options I have for the seller?
Quincy Miranda Wholesaling Foreclosures with no equity
11 April 2018 | 0 replies
I need some advice on possible options.Here is some of the information about the property and his issue:ARV: 150,000Rents for 1450Minor Repairs (cosmetic)He owes 23,000 to bring the mortgage currentThey will auction the property 5/10/18Can someone please advise on what possible options I have for the seller?
Quincy Miranda Wholesale Foreclosure with no equity
22 April 2019 | 13 replies
I need some advice on possible options.Here is some of the information about the property and his issue:ARV: 150,000Rents for 1450Minor Repairs (cosmetic)He owes 23,000 to bring the mortgage currentThey will auction the property 5/10/18Original Loan amount 132,000Bank is asking for 145,000 due to fees tacked onCan someone please advise on what possible options I have for the seller?
Michael Glaser Kansas City Foundation Contractor:
11 April 2018 | 5 replies
I would strongly recommend that you instead of starting with a foundation company, have a structural engineer come out and take a look at the property to get a feel for exactly what foundation repairs are needed.You can then have foundation companies bid on the engineer's report to resolve the issues to avoid a situation where you are allowing the foundation company to come up with the estimate themselves as I have heard that foundation companies estimates tend to come in all over the place without an engineer's report to work off and limit their repairs.I will PM you the guy that I used for a property I was looking at recently.   
Jim Hiler I can't get my BRRRR numbers to work...
12 April 2018 | 5 replies
Assuming the ARV of $306K is correct, the purchase price and huge expected repair bill of $65K don't make this work as a BRRR deal.
Dan Green commercial single family property? tampa
13 April 2018 | 2 replies
my understanding is that if it were to be damaged beyond repair you would not be able to rebuild as a sfr, only commercial so that can affect the loan of a potential client
Matt L. Brrrr numbers after refi
11 April 2018 | 3 replies
I agree with Brian, if you want to be a good landlord and not just a slumlord ask yourself what is the number that gets yourself off the couch to get the property repaired and to keep it up nice so you get good renters and lower vacancy.
Scott T. The Legality of REIs Paying a Finders Fee to a Realtor, etc. ???
11 April 2018 | 3 replies
Has anyone else had any 'luck' approaching realtors, lenders, credit repair specialists, et al for a mutual "win- win" when they provide contacts that YOU CAN HELP, when they CANNOT?