Michael Arrieta
Estimating Rehab for Apartments
10 September 2016 | 7 replies
If the unit has these:Assume replacement every 10 years:Water heater - $900Refrigerator - $900Range - $900Dishwasher - $600Clothes washer/dryer - $1000 combinedEvery 15 years:Furnace - $2900Central air - $29003 BR SFR Flat Roof - $2100 + $300 per 3 years to coat itI annually plan for an additional $1,500 of miscellaneous maintenance expenses and $800 for capital improvements.You could probably use something like this to estimate your per-unit costs as some units might not have all the same features.
Armen Zakarian
Lending Problems
9 September 2016 | 6 replies
I am will to split profit in addition to paying a percentage on the loan amount.
Mark Alex
what exactly is auction.com
12 September 2016 | 15 replies
The Trustee sales you see shown on the site, at least in Maryland, are merely an additional form of advertisement.
Mark Stone
RE tax questions from a noob
1 September 2018 | 18 replies
I am living in an owner occupied triplex, with rents of $800/month and other tenant pays $975/month.Would this therefor add an additional $975 + $800 x 12 = $21,300 to my "income" for calculating this write off?
Rich Hupper
Question about the BRRRR method
10 September 2016 | 6 replies
Obviously, there are a number of factors such as which financial institution you're dealing with, your details, and the property that change these loan factors around.
Darrin Simmons
New to the Bigger Pockeets Community
15 September 2017 | 6 replies
So, I've been looking at the site more for additional tips, tricks and anything I can learn.
Matt Harris
As an investor do you prefer turnkey or empty house at purchase
10 September 2016 | 34 replies
I do not factor vacancies ever, I manage myself and it is a non factor.
Carlos Diaz
Hard Money Lenders - Dohardmoney
16 September 2016 | 6 replies
The next property I used the credit on was also shut down because of other requirements that "pop up" unexpectedly in order for them not to lend.I have asked several times for a refund of my money and all they have offered was an additional year's subscription.
Mario F.
Illegal to convert rent control unit into vacation rental/airbnb?
15 October 2016 | 8 replies
Additionally, you may have to give a right of first refusal to the evicted tenant(s) to move back in if the re-rental is done within two years.
Kiet N.
Tax Deed: Taxation of the "penalty fee" and Re-selling Cert
12 January 2017 | 5 replies
Please talk to a local CPA.In addition regarding the 2nd question if you can re-sale the tax deed certificate.