Redha Laafia
Contractor Rehab Estimate Help!
28 April 2019 | 11 replies
Please correct me if I’m wrong, so the idea is to gain experience and knowledge from this paid walk with GC so we get the ballpark numbers and make offers in future without having to involve a GC anymore in the analysis.At what point in the process do you officially have your GC involved?
Josh Klauber
Fortunate to be starting out with $, seeking advice
28 April 2019 | 10 replies
And that's a dangerous recipe.Am I correct that your company and building will be sold to the same purchaser?
Joel Arndt
Brandon and David were COMPLETELY WRONG in podcast #327
2 May 2019 | 27 replies
man, these clickbait titles, tho... that blanket statement doesn't work every time, you are correct. i ran some numbers on a home with a purchase price of $145k (mls, so the price is obv high(er)) that needed about $35k in repairs to make it nice for an arv of $225k (conservative). profit came out to be about $15k (after closing, carrying, etc.). roughly 20% return on cash outlays (dp, cc, repairs). rent would've been about $1700/mo on this one. refing it @75% would leave me 20k in the deal with about $200/mo CF.
Joanne Hanson
What key things do first time landlords need to know
27 April 2019 | 80 replies
When you get back 9 time in 10 the response is no.Inspect your properties regularly (quarterly) and immediately issue letters to correct problems or hire a contractor to repair tenant caused damage.
Sunny Kapila
What should be the right offer for this property
28 April 2019 | 6 replies
Hi @Sunny KapilaValue = NOI/Cap Rate, so in this example (assuming the NOI and cap rate are correct) would be ~$20,689,655.
Rickard Risberg
Question on BRRR investing
27 April 2019 | 7 replies
If I'm understanding this method correctly you basically have to keep investing otherwise you're going to be stuck with a loan at 75% of the house for 30 years?
Brandon Sok
Private Money - BRRRR Question.
25 April 2019 | 2 replies
If I understand the Refinance piece of the BRRRR Method correctly...
Account Closed
Generating leads for other fellow agents - thoughts?
29 April 2019 | 7 replies
@Russell Brazil You are correct - there are a good amount of lead generating companies out there.
Eran Lifshitz
Note Insurance - Per UPB Or Per Purchase Price?
27 April 2019 | 11 replies
Other insurers like OSC do not allow for this, and REQUIRE that you buy the coverage which THEY determine is correct and its usually much higher than the BPO value of the home.