For my first purchase I am looking at a duplex listed at $150,000. Annual rent is $16,500, water is paid by owner, averages about $70 per month. Building is in a good blue collar area and the rents are in line with t...
My general contractor is quoting me:$32,000 to prep, paint exterior of the home$19,000 to replace asphalt roof$23,000 to prep, paint the interior$19,000 wooden floor refinishing (polishing, filling in any cracks)The h...
I'd like to start off by thanking everyone who took the time to take a look at what I've listed below and offer advice, thoughts or even flat out discouragement! We appreciate it all. If it wasn't for the BP commun...
Hi all,I've been looking into some potential cash flowing rentals in various markets. I'm noticing several of these homes have been built between the years 1900-1930. Seeing how old these homes are, that personally sc...
What’s a great way to get better at estimating rehab costs? I have books, I have a limited background in it (Dad is/was a GC in Pennsylvania but I did mainly labor and gutting of everything). Overall - besides actuall...
I have been studying about investing in real estate and i came to realize that there is so many routes one can take about starting. I think that i am overloaded with so much information that i do not know clearly on w...
We're looking for outside views of our deal.
We are under contract for a house in Hollywood, Florida. We purchased for $350,000. It's a 2 bed/1bath in the main house, with an in-law studio attached. Central AC, with ...
Hi all,
I've been spending a lot of time analyzing deals in Excel, just pulling random listings off of Zillow or Realtor.com. The trickiest thing for me is to estimate renovation costs going into a property. I have...
Curious how you guys estimate repairs before getting actual quotes from G.C.'s There's a ton of rehab calculators out there but it seems they all require you to input the dollar amount. How am I supposed to estimate t...
I found a potential off-market deal, where a couple who recently retired has a 4-plex and two duplexes they're considering selling. They gave me an asking price for each, but they sound like they just pulled the numbe...