Mark Matos
Price for land to develop multifamily near downtown Nashville
The seller approached me to sell 5 acres of land less then 5 miles from downtown Nashville. The land is zoned for the building of 21 units (the project was approved by the city). He inherited the land along with many ...
Matthew Bass
Did I overpay for this "down to the studs" rehab?
Hey everyone,We just finished rehabbing one side of our duplex. 840 square feet on that side. This was a "down to the studs" rehab. New drywall, insulation, plumbing, electrical, windows, flooring, trim, cabinets, app...
Donald Yang
MTR Property Management
Hey guys,Looking to get into MTRs in my backyard and I was wondering if you guys usually do it yourself or get a property manager. It seems like groups with good corporate contracts that may be able to get better retu...
Austin Nix
Estimating rehab costs
Hello Everyone! New investor here! Looking at properties online and have no idea how to estimate rehab costs. I’d like to have a general idea of how much rehab will costs before dragging a contractor to every property...
Bryan H.
Rule of thumb acquisition costs
I'm using a spreadsheet from CCIM to evaluate my potential purchase. It's looking for input on acquisition cost, specifically the cost of a loan from the lender and also the cost to acquire the property.
I'm looking...
Matthew Sullivan
How much profit do flippers want?
Hey everyone!You guys have been so helpful answering my questions. I have learned a lot so far from asking through these posts. My new topic of the day to get answers for as a wholesaler....When wholesaling to rehabbe...
Michael Mun
How much can I sell land with plans for?
Hello,I have a small vacant lot in Los Angeles with blueprints for a residential property. I was wondering how to evaluate a purchase price for the sale of the land and building plans for. I know how much the home wou...
Keith A.
Purchase Price/Assignement Fee
When you purchase a property for let's say 100K and you pay an assignment fee of 5K do you use 105K as the purchase price even though in the records it is entered as 100K?
Sarah D.
Cost Segregation For Appliances, etc
Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...
Katie Anderson
Accounting for Closing Costs?
How do you account for closing settlement charges and expenses such as escrow fee, title insurance, wire/notary fees, recording fees, items payable in connection with a loan (on the seller side), appraisal fees, etc.....