Steven McPherson
How do I find the value of a vacant lot
8 June 2016 | 10 replies
Very good example but let me say those estimates also depend on location.If the investor is a flipper and wants his ROI back sooner ,then the old saying is'location,location,location.That said, average good reliable construction in a productive area will lean more towards $95 to $110 a square foot.It would be great to pocket $40 k after all expenses but $25000 to $30000 will be more of reliable amount in a market where they are a ALOT of SFH for sell at the moment.Pricing the investment for a quick flip is crucial in 2016.
Erika Hexter
New member in Boulder, CO - looking to network and connect
9 June 2016 | 9 replies
I would like to build a network of reliable and trustworthy individuals that are in any way shape or form involved in real estate - investors, agents, brokers, lenders, CPA's, tax attorney's, financial advisors, property managers, insurance agents etc...I currently have 1 rental property and my goal is to expand into a comprehensive portfolio in the Boulder, Denver and Summit County markets!
Jay P.
General Contractor in Pittsburgh Area
8 June 2016 | 1 reply
I am looking for a reliable general contractor in the Pittsburgh area for some rehab work.Any recommendations?
Jim Mcmillen
How much rent should I charge
13 June 2016 | 4 replies
Craigslist is not always reliable; Many rentals advertised there are owned by mom and pop landlord types who may not have researched current market rent and so their property may be priced below market.
Dace Richardson
Contractor help
15 June 2016 | 8 replies
I am new investor in Des Moines, IA metro area looking to find good recommendations on contractors to help with my rehabbing process....I haven't been able to find a good one yet..I thought I did and the contractor is still working on my rehab when he told me it would only take a week and now it's going on 3 weeks.....time is money so for my next house I am looking for a more reliable contractor any suggestions would be really appreciated.
Filipe Pereira
So close to 25%...how do I get the last 5-10K?
30 September 2016 | 71 replies
If you're a reliable person, I'd imagine grandma, uncle or big brother would be willing to do it.
Ethan Lee
Help analyzing 4-plex, repairs, first deal
13 June 2016 | 5 replies
I found a 4-plex and am under contract but am looking for any helpful tips and advice you can give.Details: 4 units, each unit 2 bed 1 bath, all occupied, kind of a rough rural area in southern Delaware, fairly low income tenants/area, older building with some deferred maintenance issues, very close family friend is a broker and owns a property management company that has been managing it for years.Numbers: $135k purchase price with seller paying $5k in closing costs, $2200 gross monthly rental income, I believe the most recent unit just rented for $650 - $700 (waiting for verification and exact number) which means market rental rates should equal $2600 - $2800 if I could get all units up to market rates. 15 year mortgage at 3.875% (just locked in with lender, really happy about this and lower than expected) and 25% down payment brings mortgage to about $750 per month.50% rule: Current rental income of $2200= cash flow roughly $350 per month.
Asem AbuAwad
Should I Stay Anonymous?
15 June 2016 | 5 replies
Have you guys had issues finding a reliable Handy man for your SFH rentals?
Paul Smythe
Random High Prices on Zillow (and others)
16 June 2016 | 2 replies
I would assume RPR is more reliable.
Michael Carlino
Maryland REI Meetups
6 July 2016 | 8 replies
I always suggest that when hiring a real estate mentor you interview them as if you are an employer for your corporation - if they don't pass the smell test - you should pass - find a reliable mentor or coach who has a track record of continued financial success.Charles Parrish