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When doing a property analysis and using the 70% rule, knowing the repair cost is pivotal. As a new investor, how can I quickly calculate repair cost during the general analysis portion of property analysis in orde...
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Hello,
Looking to install a small wet bar on the top level of one of my rentals in Philadelphia. Looking to see the average expected cost of the project (e.g. small fridge, counter, plumbing, and possibly a wine rac...
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Really want to try a Brrrr for our next project. However, I’m not sure how to predict remodel costs. I know every market has diff construction costs. I came across this model below in a podcast. Would you say this is...
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We're in negotiations to purchase our first property and its 12 units on 2 acres, low to moderate income houses and duplexes. I'm trying to estimate insurance cost and the current owner has the insurance below value. ...
Hello everyone! I’m currently trying to purchase my second multi family rental property. My first rental was a fully occupied triplex. One thing I did not vet in that purchase was if the tenants were actually paying. ...
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I’m interviewing a few project managers for an upcoming rehab. Looking for any suggestions on questions to ask that I might’ve overlooked. I appreciate any advice you have when hiring a PM. Thanks!!
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Hi,So Ive been going back and forth on trying out Smart Move. I recently signed up and actually sent myself an application, credit and background check. Fill it out, Blah.. Blah.My Question is On the Income verificati...
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Hello BP Fam,I’m curious to hear what rule of thumb people use to budget the cost of insurance for small multifamily. Let’s say less then 15 units down to a duplex or quadplex.Michael
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Hi All, I'm fairly new to wholesaling and have been using propstream to pull owner data for different lists. I've been using various skip tracing services and have been finding that more than 60% of the numbers that I...
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Another great question from a young, small business owner/investor! I hope this clearly outlines some of the tasks a Bookkeeper does on a regular basis and how they can be very helpful to a business. Some do mor...