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26 August 2021 | 2 replies
I am looking for a rough estimate for a 30,000 steel frame building 100x300 with 22' clear span.
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16 September 2021 | 15 replies
I agree the biggest mental hurdle is the contractor and getting the estimate on the rehab cost during the due diligence phase.
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26 August 2021 | 7 replies
We do see some buyers picking these up now, so just depends on your market and what you have to do to get the contract.This looks like lenders estimate to me....so they like to be safe and estimate high.
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24 August 2021 | 2 replies
Do not give up any money direct to wholesaler and make sure you see an estimated close statement from escrow showing enough funds to clear liens and close the deal.
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2 January 2022 | 2 replies
@Christopher Hardy @Jessica DilksIt depends - If your W-2 income has enough withholding to cover other forms of income where there is normally no withholding(Interest, dividends, Business income), then there is no need to make quarterly estimated tax payments.The issue is that the IRS does not to paid once when you file your return.
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31 August 2021 | 5 replies
Estimated value on my property is about 200k, 70k is what is owed.
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24 August 2021 | 1 reply
J Scott’s “estimating rehab costs” is a great book.
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7 November 2021 | 3 replies
How to Estimate Future CapEx Expenses on a Rental Property (Updated 2021) Brandon TurnerReplacement costLifespan (years)Cost per yearCost per monthRoof$5,00025$200$16.67Water heater$60010$60$5.00All appliances$1,00010$100$8.33Driveway/parking lot$5,00050$100$8.33HVAC$3,00020$150$12.50Flooring$2,0006$333$27.75Plumbing$3,00030$100$8.33Windows$5,00050$100$8.33Paint$2,5005$500$41.67Cabinets/counters$3,00020$150$12.50Structure (foundation, framing)$10,00050$200$16.67Components (garage door, etc.)$1,00010$100$8.33Landscaping$1,00010$100$8.33TOTAL$41,100$2,193$182.75
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24 August 2021 | 1 reply
We would like to focus on 3+ bd / 1+ ba / 1000+ sqft in the following neighborhoods:Menomonee River HillsSilver SpringHampton HeightsCapitol HeightsLincoln CreekI would like to connect with an agent who has experience with fix and flip strategy, familiar with these neighborhoods and knows how to estimate repair costs or has connections to contractors who can assist with that.Our goal is to do the first flip this year and take this step forward for additional deals next year.Thanks,Nir Goldberg
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4 September 2021 | 2 replies
It's easy to search on Redfin/Zillow with the keyword "ADU" now.I found some recent transactions data (almost all from second quarter of 2021) in the bay area that might be of interest to you: https://www.redfin.com/CA/Camp...https://www.redfin.com/CA/San-...https://www.redfin.com/CA/Sant...https://www.redfin.com/CA/Sunn...https://www.redfin.com/CA/Sant...https://www.redfin.com/CA/San-...You can see that in all of these cases (whether with detached or attached ADUs), ADU added more value than the estimated construction cost, which shows that building an ADU can be a proven strategy for bay area home owners to not only improve cash flow, but also immediately add equity value.