Jason Clark
Am I running these numbers correctly?
I’m looking at an 8unit apartment building, 2bd/2ba each. Asking price is 359,000. Conservatively I’m assuming $550 per month rent. 1 unit is vacant. I expect about $80,000 in renovation costs. $439,000Rent $4,400Mort...
Karl Krauskopf
Closing on 1st deal, here is model with pre-closure assumptions
View report*This link comes directly from our calculators, based on information input by the member who posted.Closing on our first investment property in Spokane, WA. This deal feels pretty solid wi...
Amran Musaid
Vacant multi family valuation
If the valuation of a multi family is based on it's income how do I know how much I should offer on a vacant apartment building, There is no cap rate since there's no income so do I base my offer based on future incom...
David Hald
ARV estimate disparity with RE Agent. What now?
I am looking at a duplex that needs a full rehab in a midwest city. My real estate agent sent me a list of comps, and by what I can tell from recent sales, the ARV could be about $85,000.However, I asked her for her e...
Emiliano Gonzalez
Calculating taxes for multi family
Hello Everyone,
I am trying to calculate my expenses for a complex I am looking at. I went to the county to see what the current taxes are. I then found the millage rate and roughly estimated what my taxes would be b...
Jason Wendt
Aggregate expenses & bill renters for multi family
I have a multi family property under contract, the current owner uses Conserve to aggregate all building expenses: Gas, water, sewer garbage and then the splits the bill and send to current renters. (expenses are not ...
Account Closed
Snowball Payoff 10 SFRs in 7.5 years for $110k cash flow - advice
I'm considering a purchase of 10 SFRs in Wichita. I have a few homes there already, and a fantastic property manager that I respect and trust.I've run some preliminary numbers, and it looks like I might be able to cas...
David Tipton
How Much to Estimate Maintenance on Rental Property - Los Angeles
I've started trying to value multifamily deals, but having some difficulty knowing what is reasonable to estimate for maintenance (i.e. repairs and capital expenses). Does anyone in the LA area have a general "rule o...
Nick Amato
Help me review this deal! First hack.
Advice requested herein for my first home/investment proposal. If you can spare five minutes, let’s get into it. I sincerely appreciate the advice since this is a new venture for me.Background: A few months ago, a dis...
Jeff Cook
501 (c) (3)
Hey,
I am getting ready to close on a property in Chewelah, WA. The property is a mountain that is to become a land trust for a yet to be established 501 (c) (3) organization. The objective is to restore the natura...