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We had a major flood in an upper unit that spread through 2 units and now I'm in the middle of a major insurance claim and subsequent rehab - good times! I've never done this before, so some of the procedures are pret...
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Hello group, I am helping my sister sell her condo in South Florida and needed some help trying to figure out the numbers. She is pregnant and needs to sell in order to move into a bigger place. Current situation is s...
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I am making my first commercial real estate offer today and was wondering what I should request as part of the offer. I am putting subject to bank approval, copy of all expenses, profit and loss statements, half closi...
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For those who have bought a hot tub to upgrade their STR, what brand do you recommend and how much do you spend? Also if there are any necessary accessories I should be aware of, or general maintenance/upkeep tips, le...
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Hello,
I was wondering if some experienced investors out there could provide some quick tips/advice on estimating CapEx when analyzing potential deals. Obviously this is impossible to perfectly predict and I know it ...
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Hey everyone, General question. I'm looking at 6 unit complex in Florida. The deal is cash only *sad face*. The agent says he can get me private money with 30% down @ 12% interest only. The sales price is $239k. From...
Hi everybody!I've lived in rentals and have finally woken up to the benefits of buying my own home. I've actually been living in Yonkers, NY, but looking to get out, schooling system is awful. I'm focusing on a parti...
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When analyzing a deal, the expenses data available (opex, vacancy, PM, capex, etc.) is at the time of purchase. However, this data is bound to change post purchase. What are some tips to estimate what these expenses w...
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Hello,
I have a rental property (sfh) that needs some roof maintenance. I got a couple recommendations and a couple quotes, both offering the same scope of work and warranty. One is an individual with only personal...