Amir Navabpour
Do you include rehab costs in COC returns?
I typically view the rehab cost as a separate bucket as my downpayment. For COC I typically look at how much I put down, and then divide my net returns against that downpayment. I don't include the rehab costs as I...
Jade Davis
What to include about a lead in CRM?
I am configuring podio right now and need to figure out what to put for a lead. I only have name, phone number, property address, type of lead (probate, absentee etc.), strength of lead (warm or cold). That's it. What...
Ladan Ballai
Previous Owner didn't include actual lease, only Estoppel...
Title doesn't do much justice, sorry!tl;dr The previous owners were terrible landlord's and lost the lease. During the sale of the house, they "made up" a lease and Estoppel that forgot to mention that they collected ...
Ryan Parsons
Townhouse Property Question -- Rent or Flip? (Numbers included)
Hi everyone, I'm new to BP but wanted to bounce my next move off of the wealth of knowledge here on the forums.Right now I have a townhouse in the zipcode 55303 in MN. My mortgage has $63,000 left. I bought it in a sh...
Vibhu Arya
4PLEX Property Management Contract: Key things to include?
Hi, I'm looking to engage with reasonable Property Management Companies for my 4PLEX that I'm looking to close soon. To safeguard my self as an owner - what are some of the key things I should for sure have in the co...
Cassidy Burns
Buying Under Value . Appraisals are including your purchase
Hi BP,I've recently run into a problem with 2 of my last purchases in SW Virginia. I am buying under value properties. For instance: Purchase Price: $61,500Assessed Value: $116,800But the appraisers are adding the p...
Steve Wang
Delayed Financing to include renovation cost without seasoning
I'm about to make an offer on a house with cash and I hope to refi the cash out immediately after renovation. I learned that you can get a conventional loan called "Delayed Financing" loan. However, this loan can onl...
Svetlana G.
Including patio furniture, lawn mower, yard care equipment
We are trying to clear the basement and have the following items in great condition: new patio set, almost new lawn mower, hedger and bunch of lawn care items. Is there any advantage to leave it for potential tenants....
Armani Emon
Does the wholesaler include rehab costs in repairs ?
I have a buyer who wants me to use this formulaARV- Repairs+upgrade costs *70=asking price. Is this accurate?
JD Martin
SFH rentals with washer/dryer included - your experiences
Hi all,
This question is really geared towards single family home rental property owners.
I'm curious to see the breadth of experiences when it comes to providing washers and dryers in the rental property. Historic...