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I am looking for advice on a potential first time investment property. I am located in the Los Angeles, CA area.
The property that I am looking at is a duplex (zoned for three units - third unit could be built in the...
Currently, there's only one water meter for the entire duplex, and historically, I've been responsible for paying the water bills every month.
However, I believe it's time to transition to a system where the water bi...
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Ok, I need help understanding how BRRR works in this scenario. We recently purchased a distressed 2 br 1 bath home for 48,500.00 and rehab costs will be roughly 20k. The A.R.V is estimated to be 100,000.00 based on co...
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First time running numbers for BRRRR. I’ve read J Scott’s estimating book and a couple of others. Do the numbers in this book hold up with today’s pricing? Any alternate/more reliable methods?
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I have a house and garage apt on one water meter. The units have diff number of tenants. How do I split the h2o cost fairly ?
Hi All,
I am taking a Real Estate class, and I have to interview an appraiser. Any help would be greatly appreciated if you could answer the following questions.
How do methods differ when the appraiser looks at re...
Hi All,
I am taking a Real Estate class, and I have to interview an appraiser. Any help would be greatly appreciated if you could answer the following questions.
How do methods differ when the appraiser looks at re...
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Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
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Hello I just finished my first BRRRR in spokane,WA here are the numbers:
purchase price166k with 14K closing costs, private money lender 9.5% interest only payments, including a rehab loan of 53K.
rehab costs (incl...
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In a healthy market we hae 1500-2000 listings at any given time. Right now, we have 297, and many are major fixers and over priced. What is your local market like? Where? Even before the rate increases our market was ...