I am looking at a multi unit but am having hard time figuring out the what the rent would cost. It has 2-3 bedroom 1 bath units and 1- 2 bedroom 1 bath unit in a residential triplex. Do I compare it to a apartment eve...
I'm considering renting out a 2 bedroom/ 1 bath unit as rent by the room. However I don't have any experience with RBTR and would appreciate some insight from a local investor who does. Hoping to discuss things like t...
Hello Everyone,I was wondering what my fellow investors use to estimate costs. For instance carrying costs. In addition, how do you get better at estimating repairs when you first walk into a property?
Hello everyone!I'm in a bit over my head! About 2 years ago I purchased the ugly 600 square foot house next door to my parents. I hasn't been lived in for 30+ years. The problem I'm having currently is figuring out th...
I've been playing around with comps but I'm struggling a bit on how to account for the stylistic differences of a home (or whether that matters). Here's an example:Subject house is a foreclosure listed at $86k. 4 Bed ...
Not sure if this is the best place for this thread.
I wanted to start a thread on MindMaps.
I can't personally live without mind mapping practically everything I do. I've searched for mindmaps on google before but...
So far I have gotten by pulling building permits the last 10 years with graph paper and walk through inspections with the building official. Building officials have been happy of our plans to tackle a full gut that t...
I'm lost on how to present this to the private money lender on paper. And do I open a business account? Another question I have is; can I whole sale the property and make money upfront for my bills?
BP, What do you think?Total Number of Units 4Purchase Price $80,000Initial Cash Invested $36,600Income Analysis Monthly AnnualNet Operating Income $1,250 $15,006Cash Flow $928 $11,141Financial MetricsCap Rate (Purchas...
I am currently selling a house that needs some work (10K siding replacement) and updating but is still rentable. It is a house that would list for 250k after updating (2300 sq ft 4/2) but the layout is poor.I currentl...