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Results (10,000+)
Stu Holbrook Tiny homes, cottages and pocket neighborhoods.
22 April 2020 | 16 replies
Tumbleweed Tiny Homes jumped out as did designers like Ross Chapin Architect.
Collin Wong How do you calculate repairs/maintenance?
20 October 2011 | 6 replies
If I don't have a contractor or someone with experience with the rehab, I try to give a best guess based on the following formula.Square footage of the house * Rehab Factor (e.g. 5-12 depending on the severity of the rehab).ex. 2000 square foot house that just needs cosmetic (paint, carpet/flooring etc) would be a 5 rehab factor so I would estimate2000 * 5 = $10Ksame house with repair work and updating2000 * 12 = $24K
Ricardo Rodriguez Hi! "New" to BP
21 October 2011 | 5 replies
I'm a 22yr old Design Engineer who is getting started in the real estate investing industry.
Phil Tsouridis Rehab Question - What to offer & how much to fix?
1 November 2011 | 12 replies
Have you factored in your carrying costs while the massive rehab is under repair?
Kalyn Ringwold A little bummed tonight :( Deal may fall through
30 October 2011 | 19 replies
Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??
Larry Burchett Debt to Income Ratio
11 September 2016 | 18 replies
The primer is OK for a homeowner, but doesn't address some of the most important things for actual real estate investors: how (and when) rental income and investment property mortgages are factored in, how flipping/wholesaling/other self employment income is scored.
Elio Mariani Holding property in LLC/Corp
25 November 2011 | 27 replies
The court cited corporate veil-piercing cases and set forth the following factors considered in a corporate veil-piercing case: insufficient capitalization, non-observance of corporate formalities, nonpayment of dividends, insolvency of the corporation at the time of the litigated transactions, siphoning of corporate funds by dominant shareholders, non-functioning officers and directors other than shareholders, absence of corporate records, use of the corporation for transactions of dominant shareholders, and use of the corporation in promoting fraud.
Anutr A. Condo investment in Bangkok
3 November 2011 | 4 replies
Im thinking of putting maybe half of it in stocks and other half in real estate.In bangkok, a newly built mid-end condo, with modern facilities, carparks,for a 1 bed, 40 sqm in good location, fairly near sky train and fully furnished is maybe around 3m-4m baht. agency says i cud get around 22k-25k baht a month but im guessing its prob more like 15k-20k baht. most Thai wages will not be able to afford the rent, but its ideal for expats working in bkk. so the return is maybe around 6% before all costs, vacancy periods and appreciation/depreciation.ive been reading a lot of negative and pessimistic views about condo as a buy-to-let especially in bkk. there r so many condos in bkk and many being built as land is not scarce yet cos old buildings can be cleared and new projects started easy. and other factors i dont know. also traffic is a nightmare and the condos that are centrally located (and most expensive) have one of the worst traffics (altho it wud prob be near sky train or underground which would be ok for expats.keep in mind that i ll be paying in lump sum, wouldnt mind to gain some real estate exposure (im fairly interested in the industry),do you think its worth it to buy a condo in bkk as a buy-to-let?
Account Closed Tips on Travel Expenses
1 November 2011 | 0 replies
The most important factor is the time spent conducting business.
Justin Lowe first deal analysis
4 November 2011 | 16 replies
If not, you can not factor it into the exit value, buyers will not pay for illegal square footage or additions/upgrades, it only becomes a bonus for a buyer, it will also not be counted for appraisals.That said, if you do plan to get this on to title legally, you will incur permit costs and holding costs due to time delays waiting on approvals, inspections, changes, etc. - Food for thought as time is your enemy on rehab flips so make sure you factor holding time in your budget, but do not borrow more than you will need as that too will increase your costs.