Corbett Brasington
South Texas: Estimating Rehab Multipliers from actuals
18 November 2021 | 4 replies
$25/ft and $5k/each major (roof, plumbing, elec, foundation, HVAC) is a ballpark that works but you have to adjust up or down for ARV and finish and whether you GC or hire a GC.
Shannon Richardson
Deal finding strategies
16 January 2020 | 11 replies
I would say your best bet is just sitting down and seeing if they know their stuff.
Rich Somers
Negotiating 3rd Party Laundry Vendor for Multifamily?
19 February 2020 | 23 replies
I've read stories of mixed success with laundry vendors here on BP, but I guess it could be a safer bet with local companies.Would you manage your shared laundries in house given the option?
Andrew Syrios
Another good example of why you can't just trust the Zestimate
15 January 2020 | 2 replies
I think the sites and their estimates are pretty impressive considering they contain virtually every home in America, often with interior pics, but they are what they are: free tools that used automated formulas to predict something that can often be a bit unpredictable and can't fully account for the human emotional factor (for example I bet something like the Brady Bunch house zestimated far less than than its actual value)
Chauncy Gray
Initial Equity (Negative)
16 January 2020 | 6 replies
I bet it's less than you could get somewhere else and you're building equity, learning REI, and taking positive action.
Kyle W.
Can I foreclose on Days Inn?
20 January 2020 | 7 replies
In a case like this, if there is a mortgage, bet your firstborn the lender will bid to get the tax lien (potentially up to the market value or the mortgage amount) to secure first lien position.
Timothy B. Dunn
Looking for 30yr fixed llc loan
22 January 2020 | 5 replies
We currently have a local bank that is willing to make the loan but it will be on an adjustable rate.
Amir Ainsworth
Interest Rates Investors are Receiving Right Now
19 January 2020 | 8 replies
20 year adjustable mortgage?
Zephaniah Washington
Becoming a 19 year old property investor
18 January 2020 | 2 replies
Your best bet is to try to find someone to work with/for in real estate to learn the ropes and make some money, put in a lot of hours and hustle, connect with as many investors as you can through local meet ups, and just keep grinding until you start seeing results.
Charles Seaman
Expenses for All Lot Rental MHP Communities
11 February 2020 | 14 replies
From what I've been learning, your best bet for a park of that size is to find an onsite manager.