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How do you determine market trends for a particular area? I'd like to flip houses in the retirement/vacation community I live in 50 miles north of Grand Rapids. Lots of properties for sale, many that need rehab. Any t...
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Hey guys, quick question. Im planning to start looking at homes to flip soon (first one tomorrow). Since I dont have experience estimating rehab costs, should I have my contractor meet me at the property when the agen...
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What is the best way for determining growth rates on items like expenses, taxes and rental income?
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I have been evaluating real estate deals for flip properties & rental property opportunities and have been struggling with estimating the repair costs for properties that are stripped or are requiring more work th...
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We found a fantastic duplex house in need of rehab. Here is my situation: asking price is $35K and my contractor estimate costs in rehab is $18K. What is the method/formula to accurately offer for the property? How do...
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When looking at properties some math is simple. There is some major problems im running into when estimating some expenses though. I went straight from a Marine corps barracks to a cozy apartment which of course cover...
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Hey, my name is Draven. I am currently attending college studying accounting and entrepreneurship. I have been interested in real estate for some time. I was hoping to start doing wholesale deals to get some capital a...
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Is there a percentage rule of thumb that I should be applying to my property analysis to get a rough figure of yearly capex and maintenance expenditures? Obviously the size, age and condition of the home will change t...
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Hi all, Bought a townhome in New Brunswick NJ area near Rutgers and I am in need of some work estimate breakdown. Please note I removed all carpet and kitchen cabinets myself and took care of all the trash. I bought a...
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To all beginning investors: At first, you may be thinking this mountain is way too high to climb. You may think you’ll never find a deal, but if you’re a person that needs to find the answer, then you will find a deal...