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Hello everyone. This is my first time posting to BP as I continue my education into investing in Real Estate. I'm looking into purchasing my first property in the next few months after accruing some more savings to ei...
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Hello Everyone,I have a few questions on renovations and long-term profitability.Do you have a base line on what you should spend on renovations?How do you develop your budget?Do you under or over estimate your renova...
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I am still fairly new to the real estate world, and have only done estimates for two projects previously. Before scheduling a showing I wanted to see how close my preliminary estimate should be to work it. Adding 20...
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Anyone have any experience doing house leveling with their renovations, and have a budget number they use $/sqft? This isn’t a repair I’ve ever done befor, so I’ve got no idea. Internet is all over the place, $2k to ...
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Do you have any recommendation for a budget/personal finance app? I am shopping around for an app that gives me a visualization of how my budget is doing. I would consider paying a small ($5~$20) monthly subscriptio...
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Hi This may sound like a dumb quetion. The calculator provided with the Multifamily Multimillonare book helps you calculate MRBA. The final MBN # is that per unit per month or per unit per year?
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Hey all,
Looking for a good calculator or forum post or article on deal analysis. Definitely found things in my travels, but how do the real pros break this down? Just got my first pre approval for a DSCR after my se...
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What would a budget look like if I were looking to rehab?
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I have a foreign investor who would like to provide the rehab budget for my next project. Can they simply setup an account here in the U.S like HSBC Premier that can be used in Europe and the U.S. Then transfer the fu...
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Okay - so I've flipped about 50 houses, 90% actually made a profit. Recently however, I've had three deals in a row fall on their head and taken a near career ending loss (six figures between the three). I admit, I ...