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Hey guys,
I just came across some wholesale deals and I was refered to a broker in the area. I spoke with her on the phone and to do my part, I sent her what I had. Next, I find out that she has to talk directly to t...
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I am purchasing my first rental property in Memphis, TN (Bartlett area) and am trying to come up with the numbers for that area for capex that I should be setting aside after a rehab (assuming all the items are new, w...
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When calculating numbers for rental income, what is a fair estimate for repairs/ maintenance? And what is a fair estimate for Cap Ex? Is there a commonly excepted percentage for single family vs multi family?
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Hi BiggerPockets community! I am a new Pro member working my way into the real estate investing world of Tennessee. I am looking for some advice on an analysis of a townhome attached. Expenses are the area I am new to...
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This was part of our new assessment on a >4U multi. I can't figure out why they have anything about mortgages in their cap rate calc, I thought cap rate was on a cash deal, where you got it was your business. They ...
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We purchased a rental property and had to invest major amounts into repairs. The cost of the work is expected to exceed the projected rent income for this and may be couple more years, and we were hoping to recover th...
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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...
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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...
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, ...
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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...