12 May 2020 | 1 reply
I've look through many videos about estimating the costs but still not confident with it. 2) Advice/tips/hints/etc on first property within this area?
15 May 2020 | 26 replies
Personally, I have good tenants who work and I'm confident all of them will continue to pay rent so I can pay my mortgages.
13 May 2020 | 2 replies
I have done a great amount of research for awhile and I am confident that I know pretty much the basics but I am lacking the sources and resources to put me in the game.
18 May 2020 | 13 replies
A friend of mine is a real estate attorney and I would like the 3% to go towards paying him and covering some closing costs.I am very confident a buyer's agent would be of very little value to me (aside from opening the door) - (apologies to all you buyer agents out there)
4 June 2020 | 11 replies
@Barrington Charles LyonsDemonstrating a track record to a private investor would certainly bring confidence.
16 May 2020 | 19 replies
I'm not sure if I should go for it or not, but I do think it's the best opportunity I've found so far.Price: $45,000 (incl closing costs)Rehab: $25,000All in price: $70,000Rent - worst case scenario: $900Rent - medium scenario: $1,000Rent - best case scenario: $1,250 (w/o COVID I would be confident rent would land here)The median price in the zip code is $123k.
15 May 2020 | 1 reply
(I'm pretty confident in being able to afford both downpayments within a rather short time span).After talking to a lender today, he was actually pretty helpful and told me that it might be better to look into the primary residence first, and then go into the investment property.
16 May 2020 | 2 replies
Now we're in this pandemic and I'm not confident I'll get what I could have gotten for it.
16 May 2020 | 5 replies
Don't buy a property hoping it'll cash flow, know or be reasonably confident that it'll cash flow.
19 May 2020 | 3 replies
It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.I'm trying to make my numbers as accurate as possible.Where do you all search for estimating the costs of the following:+water and sewer+garbage+gas and electricI have been listening to many podcasts and webinars and I know the answer could be as easy as googling it, but I would like to know what other, experienced investors do to estimate these costs when analyzing a deal.