Jennifer Stammberger
Looking for tips on analyzing deals
Just started analyzing deals on the BP calculator. When it comes to % on expenses such as vacancy rates, Capital exp, repairs/maintenance etc....should I always run high % for worst case in order to be safe? The range...
Ervens Oge
Potential first deal: wholesale
Hey everyone. I have a potential first wholesale deal and I need help with the some numbers. More specifically figuring out the After repair value and the repair costs. I already took a look at the home and jotted not...
Mike Hill
Estimating Repairs for Wholesaling
Wholesalers, how did you learn to estimate repairs on a property to then determine your offer price? Wholesaling interests me but I have no construction or rehab experience and it seems that being able to estimate rep...
Steve Driscoll
Tax Implications for Seller who is owner financing personal home
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
Chase Romine
FHA for a 4 plex!! Advice?
I’m currently saving up cash(almost have 10k) and am going to use a FHA loan to purchase a 4 plex. Now I understand running numbers and all but when it comes to having a handy man and roof guy to come out and help ins...
Ken Virzi
Lead abatement wants to re-replace my new windows?
I just finished a rehab of a duplex in Cleveland and moved in a tenant. The city shows up and sticks a notice to vacate because some previous tenant years before I bought the place claimed her kid got lead poisoning. ...
Account Closed
Heating and Cooling system - 27 yrs old. Ask for credit?
Hello,New to the board, I'm in escrow and just found out from inspector that the A/C and heating system is 27 years old, original from 1990. The fan is making a strong vibration that the upstairs bathroom is shaking, ...
Charmaine M.
Has anyone Rehab/flip a property with fire damage?
Hi all,I am looking at a property with fire damage. The price is awesome and the area is a B class neighborhood, but it has extensive fire damage on the first floor ( it is a 2 family). No interior access is allowed...
Tyler Baldwin
Did the Coronavirus convince more people to get a Cost Seg Study?
2 Big Reasons Why I Think You Should Give Yourself a COVID19 Stimulus Package with Cost SegTreasury Secretary Steven Mnuchin extended the Federal Tax Deadline by three months. Which means you now have until July 15th ...
Leonard Rybak
Why so much inventory for Rent in South Florida. is it bad to invest???
Hi all, I am interesting in purchasing a property for rent in south east Florida, mainly Hallandale, Hollywood and South Beach. I have notice quite a tremendous amount of properties listed for rent on zillow and th...