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Good evening everyone,I'm about to take the state licensing exam and starting to look at my first real estate purchase. The problem is, none of the estimating tools used on this site are making me feel comfortable ab...
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Looking at a two unit apartment building, thats been completely remodeled. 5 yr old roof, new carpets, appliances,drywall and even the brick work outside has been completely tuck pointed. The Owner seems to have done ...
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I saw a house that is up for sale in my town ( Louisville, KY). It is a single family house advertised for $69,900 and I was able to get the seller to go down to $64,500.Here are the facts about the houseSingle Family...
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bought a SFH, with the intention of fixing it and renting. We are well into the renovation and things are not really looking very rosy. In hindsight, we allowed ourselves to put too much scope into the renovation...
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I previously posted a different deal. This is a lower priced one. Below is a snapshot.
[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%
TOTAL OPE...
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Hey BP members,
I need a quick sanity check on the math here just to make sure I'm not biting off more than I can chew. I'm currently under contract for a triplex, which I will be occupying one unit (2 BR, 1 BA) fo...
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I was wondering is it better to hire a property management company or should I do it myself? How do you find good companies? What questions should I ask, and what things should I look out for? Do you know any great p...
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I've placed an offer on a 16-plex multi-family building in Memphis (near Trigg) and was wondering is anyone could give me a reasonable expectation on expenditure costs per year. I plan to fully rehab the building but ...
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Hello Everyone Thank you for reading my post,
I am wondering what percentage monthly, you guys allocate towards expenses such as vacancy, maintenance, and repairs. When you are looking at new properties. Thank you.