Stephen Keighery
Rehab costs in Greater New Orleans
I am wondering what people are paying for rehabs costs in Greater New Orleans. Any input or thoughts would be appreciated from local rehabbers/Investors/Contractors. For example, how much on average are you spending o...
Ryan Lee
How do you appraise an apartment building?
So there is an apartment building I am trying to appraised but I need some assistance. Its 2 buildings attach to each other but has 2 separate address. The bottom floor is a restaurant and its spans the entire area of...
David Ten
Room Rental ?
Hi There, Newbie here.I have plan to build 4 separate bedroom on my backyard with bathroom inside. And I want to rent those 4 rooms, rent it as each room, not as a whole. My Reason is to make it Accessible for people....
Mario Morales
DSCR Loans-How long do they take to close?
Can anyone share how long it took to close? Any experience worth sharing?
Justin S.
Oak Cabinets
Several homes I see I have honey oak cabinets that are outdated. Instead of replacing them, what else are doing? Refacing, staining darker, painting? Please share your secrets for making oak look good again.
Thanks
Jason Brown
Researching to get get in the door.
I'm interested to get in REI and want to know if it's better to get a single unit property or a multi unit property for the first purchase. Also is seller financing a frequent occurrence or a pipe dream for someone wi...
Bonnie Low
Is there a rule of thumb for estimating STR expenses beyond PITI?
Hello BP! I'm looking for feedback from experienced STR operators. We're experienced with LTRs, but are hoping to buy our first STR in early 2022. While I feel confident running numbers on LTRs I'm not sure what to es...
Greg W.
documents requested by commercial appraisers
Hi, I will be refinancing my 7 unit building soon and would like to know, what documents do a commercial appraiser request to understand the financials? Would last year's tax return be enough? Or do they need rent rol...
Account Closed
Short term Rental Business Expansion Loans
We are looking to expand our portfolio of short term rentals and need some advice on how best to finance our next property. As we are new to the investment business (short term rental experience 10+ years) we do not ...
Matthew Rembish
Calculating Closing Costs?
Is there a general rule of thumb or percentage of purchase/selling cost for calculating closing costs when buying & selling a rehab flip? I'm just trying to make sure that I'm running my numbers right. Any feedbac...