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how do you estimate the realistic value of a property after repairs will be performed? or even just the value of a property (that doesn't need repairs) ?
do you have to pay money for some kind of appraisal service or...
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Hey BP community,
I'm in the process of making my first deal. I'm house hacking so I'm using an FHA loan. The house may need some repairs to be sold as an FHA. How should I go about finding out how much those repairs...
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How do I approach contractors for rehab estimates when my exit strategy is to wholesale the property?
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When developing a pro forma for a storage facility, what percentage of gross income should be estimated as operating expenses? I've see a feasibility study by an economist recently that mentioned using 45% of gross in...
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Hi BP!Currently in the middle of closing on my first triplex in the New Haven area. Bought using a 203K loan. Soliciting any and all advice before signing the GC estimate. Any tricks or tips on decreasing the estimat...
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Hello,I have a 2650 square foot, two-story home (4 bedrooms/two bath) that needs a complete remodel and upgrade, inside and out, plus a new patio cover. Also new flowerbeds and new landscaping.What would be a fair, bu...
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Hello, hope everybody had a great Easter!Just curious what is typically used to estimate what ordinary maintenance/repair costs to get a good judgement of NOI to help determine deal analysis.Thank you,Nick
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I like few of the properties
But I am new in this business so can not estimate rehab correctly. So I need GC who can estimate for me before I put offer because with out running numbers, hard to say if it's good offe...
Hi all,I'm trying to dive into real estate wholesaling and would like to learn how to develop the instrumental skill of estimating rehab costs. I need to get this down so I can analyze any wholesale, flip, or buy and ...
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Does anyone have a formula or estimate for calculating insurance cost for 12-32 unit properties that are Class B/C in Mobile, AL?