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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?
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5 August 2018 | 3 replies
They can only lend on what an appraiser says the property will be worth once fixed (purchase + repairs), so if your purchase price plus repairs is higher than what they think the property will be worth.
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29 July 2018 | 0 replies
BiggerPockets Calculator ResultsThe biggest unknown is CapEx and Repairs.
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19 August 2020 | 19 replies
A high quality, ethical Flat fee MLS would disrupt this industry and be a game changer to the industry.
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2 August 2018 | 9 replies
For me to rent it I would also need to do some repairs which can be up to $10-12k.
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31 July 2018 | 9 replies
I'd leave it as-is and let the buyer repair it, or have it repaired yourself if it's in the budget.
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11 August 2018 | 6 replies
AND AC companies will always tell you that your unit needs thousands of dollars in repairs but they will tell you that it is better to just replace it.