19 August 2021 | 1 reply
When you get a payment estimate for the hard money that should tell you if the deal is a fit for your cash position or lack thereof.
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25 August 2021 | 43 replies
Someone who is a competent property manager, financial analyst, asset manager, and good at acquisitions is going to cost a lot.
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15 September 2021 | 11 replies
With the property losing money at that occupancy - which could be normal for the park, I don't think the benefit outweighs the risk - at best you're only bringing in another $5600/mo but with my estimates on RV parks, your expenses will eat that up pretty quick.
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20 August 2021 | 10 replies
In additon to that, non local lenders often don’t know that Philly transfer tax is 2.14% so their loan estimates are often incorrect.
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20 August 2021 | 5 replies
Save a portion for estimated taxes and roll what's left into the next property.Don't let the tax tail wag the dog when you're just starting out.
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20 August 2021 | 3 replies
I’d like to learn some basics as we get into the landlord’s game but I think we’d defined be hiring this out, so shopping around and comparing estimates will probably be our next move.
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20 August 2021 | 1 reply
Utilities (e.g. water, electricity): is $300 / month a reasonable estimate?
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9 November 2021 | 11 replies
Roofer & 1 GC already recommended re-doing, both with similar estimates of 20K for an 900 SF flat roof.- Main beam twisted and loly columns - bones of the house and that worries me- Back wood stairs that lead to backyard from 2nd floor are not properly attached to houseSo far Im bringing (2) more GC to provide estimates for repair of 3 items above and then go back to negotiate with sellers in this crazy sellers market :S.After this intro I wanna ask the community if you have any experience negotiating with issues above?
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24 August 2021 | 1 reply
Most companies use Loan to Value to estimate the equity % in home.
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21 August 2021 | 2 replies
If you’re still in your inspection period or can access the property try to get a plumber and a contractor in to give you an estimate.