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6 December 2021 | 11 replies
It is difficult to estimate the repairs even before buying the property but you get better with experience and you can hire a contractor to help you in the beginning or get help from other investors.How did the 70% rule work for us in Sudbury:70% x $850,000 - $250,000 = $345,000 MAO (Maximum Allowable offer)Since the seller was asking for $325,000 we submitted an offer for that amount and got it accepted.Tip 1: Agents are a great source of deals for properties that need work.
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25 October 2021 | 2 replies
Price will instead be dictated based on appraisal.To come up with the price however, come up with a ballpark estimated price.
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30 October 2021 | 10 replies
The actual claim payments will be determined by the adjuster but you can estimate the reduction by dividing the ACV by the RC.
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16 January 2022 | 15 replies
AirDNA estimates my gross will be around $82k but Airbnb says a night rate of $180 is avg.
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25 October 2021 | 1 reply
If you do the entire project, what is your estimated cash flow after all expenses?
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25 October 2021 | 23 replies
@Nikki Bai most contractors today will not honor nor guarantee estimates contracts etc for more then a few days.
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28 October 2021 | 9 replies
Marketing and getting off-market motivated sellers.Quality Cash buyers listLead sources for WholesalingListsourcePopstreamREI List BrokerHow to estimate Rehab cost.$10 per ft= light renovations$20 per ft= medium renovation$30 per ft= Heavy RenovationsWhat is an A-B contract?
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27 October 2021 | 1 reply
I just wanted to get an estimate and how it's done?
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10 November 2021 | 7 replies
I estimate after loan payment, taxes, insurance, Free Cash Flow will be around $1350.
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26 October 2021 | 2 replies
There doesn't seem to be a GFE, Good Faith Estimate or TIL, truth in lending statement required.