Tom Shepard
First potential Multi-family deal! 11 townhouse units
Looking for advice on offer/max price.Also looking for what I missed in calculations.First the hard part:This property is in rural TN in a town of about 20k population.Current owner has been renting to local college f...
Nathan Gesner
Price of architectural drawings?
I purchased a new building and want to renovate the interior/exterior. I know there's no set formula, but does anyone have an idea of what I should expect the price to be for these drawings? I found a website that est...
Alex S.
Appraising side-by-side 4-plexes (income or comp approach?)
I want to put in an offer on two separate 4-plex buildings that are adjacent to each and owned by the same person, but on separate parcels.Will the appraiser value it on the income approach or the comp-based approach?...
Chris Vazquez
Are additional addendums suggested for residential leases?
I was able to secure a residential lease from another helpful BP member that I’m comfortable with, however, I’ve been doing more research and it seems like some of you use additional addendums to set tenant maintenanc...
Ethan Keller
I have no idea how to properly calculate insurance and tax.
I have tried analyzing a few properties but either my cashflow is wayyyyyy to high or wayyyyy to low. I just want to make sure I am entering all of the information correctly and the two big question marks are; insuran...
Ethan Kohler
Estimating Closing Cost
Can anyone offer further insight as to what we should expect for closing cost, with respect to a conventional loan for simplicity? The BP calculator expresses 1-2%, but I have heard more like 3-4% to be on the realist...
Fe Alexandra
Missouri/Kansas Investors .
Hello, I’m trying to find the buy formula for fix & flippers for the Kansas and Missouri area... Help please. Thanks in advance
Adam Leech
Pigtown, how would you go about it?
Hey guys,I'm fairly new to REI (one property rented to family, looking for another) and I want to get the hang of the analysis. I come from the financial field (used to trade stocks) so enjoy number crunching.I went b...
Kenneth Hawkins, Jr.
How long should a rehab take?
I have a deal where the numbers work and I was just wondering on a 1500 sqft 3/2 rehab, what is the average time it takes to rehab it ? Also what is the average time it takes a good management company to find a renter...
Tim Kaminski
Rule of Thumb for Estimating Costs Selling?
Have never sold a property but I get offers quite a bit. Most claiming to cover closings costs/sellers cost. Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property? I have hea...