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How can I determine how much rent I should charge? Is there a tool I can use? What's the best method of collecting monthly payments- online, auto payments, money order?
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When adjusting comparable sales to your subject property. How do you know the dollar value you adjust each criteria (bedroom, bath,square footage) by? I have been looking at comps and see in the adjustment that if you...
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Hi All!One of the criteria I hear about a lot is to always make sure that you are buying below replacement cost. Can someone please explain what exactly people are referring to and how to calculate. E.g., Is this simp...
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Recently I saw house destroyed by fire, The owner wants to sell it as land, all the floors have fire damage. The structure is not damaged , even some of the rooms are intact but the whole place is strewn with debris a...
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Ive been reading on how to determine the market value but am still unsure of how to do this. Let me give an example of what im trying to figure out. I had someone call me about thier house they gave me all the informa...
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A friend might sell their townhouse in Fort Myers, Florida and I’m curious to see if it could make a good vacation rental. What’s the best way to determine rent for an STR? I’ve been comparing similar properties on A...
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I am considering purchasing a building to convert to an assisted living community. The community would be run by a more experience operator. I would simply hold the building as the landlord. Purchase price is about...
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All,
I am looking to BRRRR a small multifamily (2-4) and am looking for advice on calculating ARV. In David Greene's book he explains that multifamily ARV is determined by NOI. We're hoping for guidance because we a...
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Hello Bigger-Pocketers!So I'm a somewhat experienced BRRR investor, doing my first flip! And I'm finding myself a bit lost.I bought this house off-market. It needed a lot of repairs. I'm close to finishing those, and ...
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Hey Investors,
I'm looking to make some offers on homes in the Kenosha area pretty soon. One thing I was wondering is how do you all determine the true value of a home when home prices have appreciated drastically th...