Has anyone on BP used Homewyse to help estimate rehab costs? If so, did you find it accurate or way off?I realize it is a website that gives general high and low prices for each item but I was just wondering if those...
Looking at a potential flip and would appreciate an extra pair of eyes on my numbers.Purchase: 161KRehab: 35KARV: 245KTaxes: $2,500Loan: 9.99% w/ 4 pointsEstimate 90 day holdRealtor fees: 6% - hopefully just 3% but pl...
Can anyone offer further insight as to what we should expect for closing cost, with respect to a conventional loan for simplicity? The BP calculator expresses 1-2%, but I have heard more like 3-4% to be on the realist...
Hello Everybody! I am new and attempting to practice deal analysis. I am using the Rental property calculator and am wondering what the annual income growth percentage usually is? Is it specific to the area you are in...
Greetings BP,I have been trying to break out into the world of multifamily REI. However, there is not a single property in my area or the surrounding areas that will cash flow even close to $100/door. I am under contr...
With all of the Dodd Frank and SAFE Act concerns around seller financing I'm wondering if I can simply give a POH to a tenant as part of their rental agreement? What I want to achieve is passing all home maintenance ...
Howdy Guys!I listen alot to BP's Money podcasts. I know that the Corona virus has spooked the market down by 12% in the last few days. And I know it is generally held that it won't matter what we do if you hold for th...
Two weeks ago I closed on a distressed large SFH in a small town 1hr from me. My plan was to rehab and resell as a SFH. Now I've learned there is good potential for converting it to a triplex. It's a 2300sf two story ...
It seems like every year there are multiple publications that put Henderson in America's top rankings for various reasons. Last month, 24/7 Wall St. published Henderson as the 33rd best city to live. http://247wallst....
Hi - Does anyone have recommendations for a STR property / resort in the Orlando area ? Looking for an area that is safe. Planned to use for family and rent out the remaining time of the year.