Christopher Telles
Luxury Home Rehab Estimating
26 March 2016 | 13 replies
$190 sq ft for adding square footage includes permits engineering and architecture fees.
Arthur E.
Seller provided inaccurate information in disclosure
25 July 2015 | 3 replies
Nov ’11 is within the typical 6 year pump out recommendation, however.As I was looking through the records, I did note that the well pump was replaced with a new one in 2012.This is frustrating to me because my deadline for addendums is on Monday.
Jack B.
Go through with rental house in HOA or back out?
31 July 2015 | 8 replies
In your case, a special assessment such as "repainting exterior or replace roof" can easily wipe out your $30k gain.
Frantzces Lys
Inherited Properties Looking for a Strategy
27 July 2015 | 5 replies
Conceivably, these siblings would either list and sell the asset to your investor (for which you receive commission #1) or you bring in a developer/syndicator.In the second scenario, siblings would partner up and contribute their equity into the formal or informal partnership and the developer/syndicator would bring experience (successful track record), and other resources including builders, design architects, engineers, and entitlement experts for zoning and building approval, depending in the scale of the project.A third choice exists whereby siblings attempt development themselves.
Naeem Kapasi
The fine art of analyzing a small multifamily property.
28 July 2015 | 5 replies
My actual insurance premiums range from under 1% of ARV to around 1.5% for Replacement Coverage.
Shane H.
Ideas on how to grow investments? Ideas on how to free up capital
26 July 2015 | 0 replies
Building constructed in 1980Present loan value appx $77k on a 15 yr note with 3.375% interestP&I pmt is appx $602NOI 2014 was $11489NOI 2013 was $5142 (spent around $4k on updates/remodeling)Appx $27k by my calculations of capital improvements needed in the next 5-10 years to increase the value of the property, properly maintain it, and keep it functionally up to date in order to attract higher quality tenants (located in a b grade area) (I'd rather have more invested to have higher quality tenants - have my own reasons for this line of thinking - willing to sacrifice a bit of profit to have good people)- Redo Kitchens- replace doors and all base trim/casing (more for my taste and would help the place rent out even quicker)- 2 escape windows installed for basement bedrooms- Concrete work needed on patios and near front of the house -- need to be done in the next yearProperty based on comps in the immediate area and a tight supply of decent duplexes here is $175-210k or so.
Scott Zeiger
logo on Reports
21 March 2017 | 5 replies
How do I replace the biggerpockets logo on the the reports for better presentation to a bank?
George P.
#20 rental was purchased today
15 December 2016 | 58 replies
For example if investor A has 5 duplexes and investor B has 10 and they both have the same amount of money to spend on those units, that's 5 more roofs that need to be replaced, 5 more property taxes to be paid, 5 more sidewalks that crack and need to be replaced, 10 more water heaters to upgrade, 10 more furnaces that eventually go bad, 5 more yards to mow and do snow removal on, 5 more PM's if that's your thing, you get the point.
Account Closed
How do I get an income and a house in Southern California?
18 August 2015 | 9 replies
I would probably apply for school loans and get a computer science or engineering degree starting first from a local community college to save costs.