Nicholas Daniels
How much to assume for CAPex, vacancy, repairs for nicer areas
I’m assuming 20% total for vacancy, cap ex, and repairs. Then 10% for pm. Can I lower these figures if the houses are in good areas?
Eric Kirkham
Fix and flip turns into seller financing.
Investment Info:
Single-family residence fix & flip investment in Taylorsville.
Purchase price: $350,000
Cash invested: $65,000
Sale price: $470,000
Purchased this property off market. The ho...
Joe Mazur
inspection help please
I am under contract on my first rental (finally). Now the real fun, navigating all this new stuff. The purchase is cash, as is where is. Any tips for picking who does the inspection other than price? I of course...
Samantha Magina
Investors are asking me (seller's agent) what repairs are needed?
Hi All,
Is it normal or appropriate for an investor to ask me, the seller's agent, what work needs to be done to a property and what the ARV would be? I'm happy to show them the property, discuss what improvements t...
Matthew M Spolsky
First Purchase - is a $30k renovation too large for a newbie
I've got a deal I'm ready to move on. I've analyzed it every which way and have my numbers firm for the mortgage. The CoC ROI is between 12 and 18% depending one how much is offered. But I am factoring in a $30k renov...
James Wierzba
Help analyzing my first MFH rental purchase
Hi All,Long time listener and lurker, finally about to pull the trigger and make an offer on my first property (a duplex in a semi-rural town in the pacific northwest).Numbers:Mortgage: $570 (with 20% down, $28,000)In...
Vincent Dimedio
Certificate of Occupancy on flip in NJ
I recently signed contracts on a forclosure that needs to be repaired and updated e.g- new windows, floors, fixtures, walls, appliances etc. Major components like roof, foundation are ok but property as- is would not ...
Leticia Montoya
Process and Contractor help in the Deal Analysis Phase
Hello BP community! I just started an LLC with a few real estate investors and all of us have minimal real estate experience other than owning our primary residences. We are looking at our first investment property ...
Samuel Garrett
$5,000 BRRRR outside of Huntsville
Investment Info:
Single-family residence buy & hold investment in Decatur.
Purchase price: $45,500
Cash invested: $55,000
A foreclosure with a detached garage and a misguided offering of a vacant...
Jermaine Jamison-Boston
Crawl before you walk
Hello everyone,
As a person who's interested in real estate investing I realize there are many things to learn, and that the learning never stops. At this point I'm my journey to one day be out of the rat race I nee...