Experienced investors please help.. So you see a cheap property you like the price on it.. what are the exact questions you ask the wholesaler or seller before you decide if it’s worth your time putting in an offer a...
I want to implement the BRRR strategy. I am not familiar with determining the ARV to use the BRRR calculator.
Hi all,
I've been learning a lot about wholesaling, watching many videos and one thing I struggle with is determining the ARV and looking at comps. I've been looking on the market, finding distressed properties, and ...
In Cleveland/OH, what is an efficient way to determine estimated rehab costs? I've heard a good BALLPARK is $40/sf for cosmetic, $50/sf medium rehab and $60/sf for full gut. Any similar methodology used in Cleveland a...
Follow these 7 steps to underwrite any commercial multifamily deal:1. Determine In-Place RevenueUsing a rent roll, determine the in-place rent amounts the property is collecting.2. Determine Operating ExpensesThese ar...
When analyzing properties to fix and flip, how do you determine desired profit? Do you use a %, monthly return on investment, overall return on investment? What is a reasonable/typical profit % or return on cash inv...
Hey BiggerPockets Community,First post here. I want to get started in wholesaling. I have no investing experience. I have been doing a bunch of research but still confused on a couple things, mainly determining the co...
Hello BP,My wife and I are nearing a seller finance contract on an 8-unit property. We plan to bring along a colleague who has expressed interest in working with us on a deal but he has no real estate experience. We b...
I come across these listed at my local REI club. I am wondering how to approach this?
Below is a listing at my local REI club. I have access to deals like this but am worried that it might be an attempt top take adva...
Hey BP fans! I see a lot of discussion here about commercial multifamily underwriting and questions around this topic. If I had to narrow down commercial multifamily underwriting into 7 steps, here's what I would say....