Jorge Castro
Building my first BRRRR in Guadalajara, Mexico
30 January 2024 | 4 replies
Or at least I would love to get feedback on how I present the information, so that investors with more experience than me, can have a clear picture of what I am doing and give some advice on how to improve my performance...
Jon K.
Perspective is in the numbers
30 January 2024 | 0 replies
What I found was despite all the challenges, when you include debt pay-down I only "lost" $678.31 this month.
Tony Pellettieri
Possible Solution to a Friends HML in default - Deal Analysis
31 January 2024 | 2 replies
Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcROI: 45.3%RoR: 68.9% PM: 30.07% Acquisition/Exit: 8 MonthsI've spoken to a few HM Lenders and ran rough numbers by them.
Kay Moore
Syndication Attorney costs
31 January 2024 | 15 replies
Now this does not include the costs to file the Bluesky Filings in each state so keep that in mind as well.
Zachary Sarazin
Hi there, new here and looking to learn/connect
30 January 2024 | 8 replies
I could use another set of boots on the ground to check out off-market deals, including taking pictures & videos, and would be happy to share my knowledge and processes with someone like you looking to add value there.Regardless, wish you the best of luck!
Jesse Sasomsup
How Much Property Management Companies Charge
30 January 2024 | 2 replies
Most PMCs HIDE their actual mark-ups by only giving the owner invoices on their letterhead (so you don't see their cost) or charging by the hour (the hourly rate includes their mark-up).
Abhay Dhingra
Philadelphia - Very High Water Bill due to line leak - Any Recommendation?
30 January 2024 | 5 replies
Then USUALLY a water department will waive a month or two of unusually high bills when you present them a repair invoice from a plumber.
Kelvin Ng
Best cities/states that are great to start investing Du/Tri/Quadplex MF???
30 January 2024 | 11 replies
Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future.
Amy Lin
506B apartment complex syndication advice needed
30 January 2024 | 24 replies
We joined the presentation they hosted last week and we were asking some very specific questions and they did answer most of them but we felt very rushed and got the impression that they didn't really want us to ask those indepth questions at that meeting.
Michael Gangemi
Group consensus on a deal
31 January 2024 | 26 replies
Let me know your thoughtsI am pretty sure your cap rate would be 3.5 percent when you calculate correctly , and would achieve DsCR 1.0 only after 40 to 45% down including HOA cost and electricity.but is okay as long as you like to visit Disney it should be good ; for STR you have to calculate your happiness level as well , if you have kids or spouse that likes to go there , that would be the highest metric :)