Patrick Cruse
Considering offering on 1st property. Help with rehab estimates.
I am considering offering on a property that is being offered by a wholesaler. This property would be a buy and hold rental. Some numbers that I have come up with that I think will make it meet my criteria for being a...
Alex Maksimiak
Ready to purchase first investment property, but not sure which
Hey all, my name is Alex and I am new to this forum.I have wanted to do real estate investing for a while now and just got pre-approved from the bank for $225,000.I am currently Active Duty in the U.S. Navy at Naval ...
Scott A.
average time to rehab by Outsourcing?
what is your average time to rehab before you flip? *So we are clear I am only talking to flippers that Outsource their work to be done, not do-it-yourselfers.Since I am financing my deal Common Sense tells me that I...
Niraj S.
Seller financing deal analysis
Hi everyone!I have a pocket listing brought to me by my agent. The owner is elderly and is wanting to sell her 3 bed/2 bath ranch style home for 300K (neighborhood comps are between 320-330K). The house does need a c...
Craig Barnthouse
Step by step is proving fruitful
Hello to all,I just recently introduced myself to the forum and decided that I’ll take a moment to provide some background and forward looking information as to my involvement in the R/E investing world. Perhaps it ...
Jeremy H.
Installation Questions - Still learning the costs
I'm in the Louisiana area and have a handyman completing a lot of the repairs on a foreclosure I recently bought - this one will become my primary residence. I want to make sure I'm not getting taken advantage of on t...
Evan Kraljic
Duplex Remodel - High Interest Rate BRRRR?
Investment Info: Buy and Hold Duplex in Minneapolis, MN
PurchasePurchase Price: 302,500
Remodel Budget: 50,270Initial Loan Terms: 5.125% interest rate fixed for 5 yrs, 25 yr am, 246k loan (80% LTV) - $1953/mo PITI. ...
Chris Martin
50% rule. fiction? non-fiction? Let's see for 37,491 SFR
American Homes for Rent (NYSE: AMH) numbers for quarterly period ended June 30, 2015.. for 37,491 single-family properties in 22 states:Rents from single-family properties $137,818,000Fees from single-family propertie...
Account Closed
Over Improving a Rental
Educate me on this please. I’m newish to investing (3 properties over 3 years), and I live in one of my units. It’s going to be a perfect rental someday. It’s a 1/1 and about 650sqft. I can tell that whoever built it,...
Jason Davis
What am I missing ?
I am making calculations to make sure my numbers and choices can make me a profit.
The ARV is $109k to $129k.
I have priced all my repairs and selections, rehab cast are in $12,500 range, I added 20 0/0 to cover ove...