Nick Clurman
Best practice selling duplex
Im thinking seriously about selling a duplex in a c-b neighborhood. My tenants are moving out on one side and I'm planning on doing a quickie fix-up ( floors, paint bathroom ect.). Am I better off getting new tenant...
Sage Jankowitz
50% rule practice example...
So I'm not buying for some time, but I've been looking at some REO properties in my area to see what's available. I found a condo close by that seems to fit the 50% rule, but I just wanted to double check with the exp...
Asi L.
Student tenant best practices
Hi
My apartment is located in a city center near big university with lots of overseas students so the tenant pool is students based.
I know that there's a high turnaround and would like to minimize it as much as I...
Jeremie Torres
Deal Analysis Practice Question
This is a practice deal analysis for BRRRR.Subject property = 50k. Rehab estimate with 25% overrun = 31250.Closing cost = 1500Purchase cost, cash = 82750.My ARV calculation = 151632. After refinancing, how did I becom...
Collin Emerson Miller
Scope of work practice
I am looking to practice creating scope of work documentation for a flip that I'm planning in March or April of next year. How would I be able to find someone who's looking for assistance in writing scopes of work?
Dieudonne T.
practice analyzing deal # 5
Price 1% rule =desired rent219,9000.012199Des Moines, IA 50312price 219,900closing co 2000monhrent 1,800.00 after i move out plus $200inspect500total cost224,200 Loans price 219,900Down % |downpay7696.53.50%t...
Dieudonne T.
practice analyzing deal # 6
1% rule =desired rent89,9000.01899Des Moines, IA 50316price 89,900closing co 2500monhrent 1,200.00repairs5000total cost98600 Loans price 89,900Down % |downpay3146.53.50%FHAtotal loan86,754 Money Needed =$11,...
Dieudonne T.
practice analyzing deal #7
Price 1% rule =desired rent170,0000.011700Des Moines, IA 50316price 170,000MIP 1.75%total closingclosing co 250029755475monhrent 2,000.00fully rentedrepairs1000cosmetictotal cost178,475 Loans price 170,000Dow...
Dieudonne T.
practice analyzing deal # 12
Price 1% rule =desired rent159,9000.011599Des Moines, IA 50316price 159,900closing co 2600monhrent 1,800.00house hacking 4 plexrepairs2000cosmetictotal cost166,162 Loans price 159,900Down % |downpay79955%FHAt...
Dieudonne T.
practice analyzing deal # 10
Price 1% rule =desired rent160,0000.011600Des Moines, IA 50311price 160,000closing co 2500monhrent 2,400.004 plexrepairs2000cosmetictotal cost162,000 Loans price 160,000Down % |downpay4000025.00%conventional ...