Christopher Madden
Estimating Improvements and Maintenance Costs
It seems to me that one of the most subjective numbers when analyzing a deal is the improvement/maintenance costs. I have heard a fair number of horror stories regarding inaccurate budget projections. Obviously these ...
Michel Benchimol
Cash Offer / Refinance
Hey guys !I am currently looking at a property(sf) right now going for 750k the house was build 1931 on CBS and has a new roof . Although the property has a good bone it needs a big renovation (100k-200k) . The comps ...
Adah N.
New Rehab in Metro Atlanta Area
Hi Everyone,I have been analyzing investment properties in the Atlanta area, so far none seem like a good deal. For example;https://www.georgiamls.com/424-powers-ferry-rd-se-marietta-ga-30067/87490783 beds, 2 bath all...
Kim Knaust
confirming offer price
Example - $103,000 ARVARV minus the following:$4,120: 4% acquisition costs & holding costs (2% each)$6,180: 6% real estate fee$30,000: avg rehab cost$30,000: avg profit$32,700 offer priceHowever, the teach s...
Mark Ferguson
Major flooding in Colorado
The area I am in did not see as much rain as some areas this week, but we are right where two rivers combine and we are seeing major flooding. The South Platte river crested at 18 feet last night and the highest i...
Tyler S.
repairs
If i use a contractor to give me repair estimates, eventually i will need to pay him for his time and estimates, but is it worth it because i wouldnt want to pay him to make a repair estimate on a property that i don...
Casey Barry
Estimating rehab cost prior to tax deed sale
I'm a new tax deed investor. As a tax deed investors we bid on properties without having the chance of fully walking the property. What is the best method for estimating the rehab cost of a property without seeing t...
Jay Warner
Relocating outside the US - Sell or Rent?
Career moves are moving my family to Europe for a few years. We purchased our home in 2019 and have an estimate ~$150,000 in equity in the home today. Based upon current rent estimates from local PMs we could expect a...
Andrew Beaver
Property Managers and assistance with Deal analaysis Boston MA
Greetings all,I recently (within the last hour) spoke with a property management company looking to obtain typical utilities rates in the Malden and Winthrop, Massachusetts area and the response I received to my reque...
Brian Simmonds
Good deal but house has Underground Oil Tank
#ASKBP - Hello I'm currently in the process of buying a 4 unit house that needs a few repairs but will bring in decent income once fixed up. The problem is that there is an underground oil tank. The property is sellin...