I'm extremely interested in learning the BRRRR method. I already have experience researching ARV through comps and rental rates. But I feel completely ignorant when it comes to estimating renovation costs. How can I l...
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Hey Guys,This is my first post so I welcome criticism and suggestions for improvement in presenting this data :) The listing details are below along with my cash flow analysis. I came across a listing from a friend ba...
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Hey guys, CONTEXT:I'm not totally new to multi-family, I've been involved in wholesaling 5 different MF projects (from 5-37 units), but new construction is a little bit of a new thing for me when estimating what the ...
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Hello,I am currently in the midst of the first real estate deal. I have a property that the current assessed value is 168,000, and they are asking 144,000. I want to wholesale this deal by offering 135k and assigning ...
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In need of advice! After looking (on the MLS) for months this is the best opportunity I've found and want to know if I should pull the trigger(or at least make an offer as everything goes to cash buyers these days...)...
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It typically involves the following steps:
1.Seller Deliverables. Request a detailed list of documents and information from the seller, including financials, leases, contracts, capital expenditures, surveys, environm...
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I took a note from Sean Terry's ebook that a rule of thumb for estimating repairs is the equation: sq.ft of home x $10 = general rehab cost
Has anyone ever made an offer to buy using this formula? and then ma...
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Hi everyone. Was looking to hopefully get some help from you rehabbers on this possible deal in my near future. It's a 4 bed 3 bath in a fairly nice area in Alabama (but I'm in Georgia!!). The pros are: Great, cute...
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Hi BP!I'm just starting out, and will be buying my first SFH rental soon. I was lucky enough to attend @David Greene's BRRRR Class last night which was amazing. So many gold nuggets - thank you David! One question I ...
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Anyone know what I would need to do to check my first rental property and how to best calculate rehab costs on a budget?