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21 May 2018 | 2 replies
After Repair Value /Comps - Provide comparable sales data that confirms your After Repair ValueRepairs - Provide a detailed estimate/scope of work of the repairs that you are planning for the project.Loan Terms - Provide the financing terms (interest rate, points, holding period) you have budgeted to pay the lenderHolding Period - # of months it will take to rehab & resell the propertyOther Costs - Provide a breakdown of other costs (buying, holding, selling & financing costs) Profit Margin - Highlight the total profit & profit % you have built in the deal.
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21 May 2018 | 6 replies
I told him i do my own repairs and at my own discretion, decide if i need to hire anyone.
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16 July 2018 | 3 replies
If not you need to increase CapEx to cover potential major repairs.
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22 May 2018 | 8 replies
When tenants damage the property they are responsible for the repairs.
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15 June 2018 | 2 replies
We recently foreclosed on a 3/1 SFR in Indianapolis and I'm looking for recommendations for a contractor to do some cosmetic repairs before we put it up for sale.
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23 May 2018 | 3 replies
.):- Plumbers- Electricians- Carpenters- CPA- Real Estate Attorney- Handyman- Appliance repair person- Property Managers- Home cleaning companies (To clean property when tenants leave)
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31 May 2018 | 15 replies
P&L from the property manager...all that good stuff should be provided promptly after the seller has signed the contract.
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23 May 2018 | 4 replies
Granted you don't have any capx, vacancy or repairs within it.
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22 May 2018 | 4 replies
Second, the point of posting a property for rent is to receive inquiries, so if you are not in a position to promptly respond to them and show the home, you may consider hiring a professional management company to do this for you.
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22 May 2018 | 3 replies
some lenders ask you to put some capital in reserve account while some investors do that anyway, by alocating 7%-15% of gross rent towards Repairs and Miantanance.