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28 July 2018 | 0 replies
Rural street with massive lots already has handful of remodels with some listing close to $1M ARV.From BP flip calculator:$900,000.00 After Repair Value ($460,000 List Price $200,000.00 Rehab Budget $150,000.00 Profit Estimated Repairs Total: $200,000.00Could use input on overall deal, as well as typical $cost/ft to add a second floor to bring total to roughly 3,000 sq ft. with a 2nd floor master and bath, perhaps an office or extra BR upstairs as well.
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1 August 2018 | 4 replies
I drive for dollars and send out mailers to house in need of repair in my target market.
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28 August 2018 | 3 replies
@Josh Oaten@Hadar OrkibiThe trouble in CRE is access to quality data.
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29 July 2018 | 0 replies
We have staff; we can draft leases and do evictions when necessary; and my husband, brother-in-law/office manager, their retired father and a staff member are experienced In building/repairing.
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4 October 2019 | 10 replies
The industry still seems to have giant holes in my estimation that are keeping quality sponsors from adopting the new laws in earnest.
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29 July 2018 | 1 reply
Seller wants $90,000 for the home, with the cosmetic repairs being $20,000 in cost and the ARV is 141,654.
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31 July 2018 | 3 replies
My family has a rent to own contract for 273 Hickory in Buffalo and we need advice on how to find investors for repairs.
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4 September 2018 | 2 replies
consensus is modular builds aren’t as high of quality.
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31 July 2018 | 8 replies
More than likely rent rates are lower because the property needs some sort of repairs in order to bring it up to par with the higher rent rates which gives you a bargaining chip in negotiations
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31 July 2018 | 2 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.I am a bit confused as to how the total cash invested is calculated , my numbers arent the same as that in the calculator:TOTAL CASH REQUIRED AT AQUISITION Purchase price: 70000 Repair cost: 30000 ARV: 120000 Hard money loan(75% of arv): 90000 Points on loan: 2700Closing cost:2500 Total needed at aquisition: (70000+30000-90000)+2500=12500; the same as the calculator but arent the points paid on a hard money loan paid upfront?