As I have been acquiring more real estate I have had to figure out how to scale the business utilizing Software and people. My systems are not perfect but I am consistently looking for ways to improve. This is my gene...
I am new so forgive me if this has been discussed before. I am trying to understand whether there is general rule or rule of thumb formula to figure out percentage costs of a rehab project. Specifically figuring out p...
In email conversation with an agent about an 8 unit property, I questioned how she arrived at the ask price considering the income, expense and cap rate figures she sent me. The figures and the list price didn't alig...
Im a recent graduate trying to focus on my vision. I am a bit stuck between property management and project management.Im curious on how I can grow professionally and on how far I can go in that particular career say ...
I've come across a property that is dirt cheap. My contractor and I looked at it today and its down to the studs but some large projects have to be done. It needs a new roof, and to be jacked up and have a new foundat...
Lately I have seen a number of posts from what I consider some of our most respected posters on the board using standard procedures to calculate returns. One of the calculations that happens frequently is that someon...
Hi all, Is the only way to figure out where future development planning is occurring is to go to city council meetings? Any one have any tricks/tips on figuring this out before development occurs so that we can try to...
I own land in Idaho. Over 8 acres within city limits. Close to schools, shopping, and the interstate. Looks like zoning will allow 35 units per acre. How do I get an actual cost estimate of what development would take...
Hey everyone,
I'm about a week out on finishing my first property, I planned on making it a rental however after running the numbers I will be cash flowing about $254 per month (after all expenses). I'm all in at 57k...
I recently purchased a home to rehab with cash. I've hired a contractor to complete the entire project for me. I'm considering opening a HELOC on my primary residence to purchase a second home to rehab. I figure why n...