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24 July 2018 | 5 replies
It helps if you've already done business with them.A more common way to get this done would be to find two partners and the three of you each put in $125k in equity.Also, you don't mention if the property needs rehab but one thing to keep in mind, my experience is that your capital required to complete a large deal is not equal to the amount of the down payment.Even if the property is in pristine condition, you need more money for third-party reports, professional fees and working capital.
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28 July 2018 | 69 replies
. $7 a sq ft installed but it doesn't list material price.
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13 October 2018 | 111 replies
@Ryan Proffit Its just about break even right now to be honest (it was a beast before the refi), but I am very conservative with my numbers, for example I just installed two new boilers and new kitchens, appliances, gutters, windows but I'm still accounting for 10% cap ex.
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23 July 2018 | 3 replies
So I had an idea of learning financial modeling, and offering to analyze deals for a small fee ($20 bucks or so).
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24 July 2018 | 1 reply
Does anyone recommend a good company or person that installs gates?
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25 July 2018 | 9 replies
Then the next big question is how will you finance the deal, just given the NOI and revenue/expense ratio the deal should cash flow, but looking at actual debt service will make the picture a little more clear.Other numbers I don't see that may be baked in are vacancy, reserves, management fee (even if you plan to self manage).That all being said, it could be a great deal but need to know more.
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7 July 2020 | 5 replies
My question: how many of you install WiFi/ security system and or cameras for your flips?
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24 July 2018 | 15 replies
There are a few variables to address, but use your best judgement and make sure you have a real estate attorney do all of the paperwork for the sub 2 close and installing the lease option buyer.
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28 July 2018 | 12 replies
When you assign your lease option for a fee it is essentially the same thing as selling the contract.
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1 August 2018 | 4 replies
Then there are annual dues and fees to keep your license active.