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After an appointment has been made to get a contract signed with a seller and you begin viewing the property general rule of thumb for determining your sell price is 65-70% ARV minus repairs. What is the best practice...
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I was hoping someone could give me some advice to estimate the cost of repairs for a single family residence.
I have a few deals that I'm evaluating, that I need to present offers on. I have determined the comps but ...
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Are closing costs lower on a cash deal?
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Hey everyone I’m a total newbie to wholesaling and was wondering why I don’t have to worry about repair estimates on a property? Is that something the end buyer deducts from his costs when he buys the house? Little co...
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Greetings BP Members. I'm new to investing and I just purchased a Townhouse Condo to BRRRR. I'm currently in the Rehab phase and waiting for the contractor to come back with a quote on the cost. I gave him a list of m...
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How do you wholesalers estimate your rehab cost when running your initial numbers? I have a formula that I've been looking at that vaguely estimates depending on square footage and what kind of rehab is needed, but I ...
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Has anyone used the Rehab Estimator Tool by PropertyMOB.com? It uses National averages of rehab costs and I am wondering if it is worth it or needs adjustment for regional differences. I am investing in Jacksonville...
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Hey BP, I know that the repair cost is very important for real estate investors to know when analyzing a properties, so could you guys recommend me books, websites, forums, etc. that are useful for teaching how to est...
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I read somewhere a while back that when first analyzing a deal, calculate about 10-15% for fixed costs.
Obviously, it's important to dissect the fixed costs as close to the actual numbers, but upon first glance does ...
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Is it possible for me to ask my broker for a loan estimate letter on a property that I have scheduled a tour on even though I haven’t decided if I want to offer a bid? I just want to know what I will be working with b...