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Hey guys, just analyzing my first example STR/VR. I've read that in order to properly estimate utility costs for an area, one just has to call up the local departments. This might seem basic, but what questions should...
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I'm looking at an auction in Volusia county FL, and the info states that est debt is $150,000. Does that mean that the debt would need to be paid off if I win the auction? And is it in addition to the amount of my b...
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Hi - I'm curious about what dollar per square foot I should be using to estimate repairs is:
I'm currently under the impression figures would look like this, but I'm curious what more experienced flippers would say? ...
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I have a much more detailed spreadshseet analysis and CMA of this property to provide...
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When you’re calculating the potential rental income for a STR property is there a specific approach to take? Recently I’ve tried estimating daily rates to charge for STR’s using the enemy method (estimating the daily ...
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Hi everyone! I am interested in a property that needs fixing up and would like to bring a contractor with me when I go see the property. First of all, how do I find a contractor who would be willing to go with me an...
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When you buy a property that needs some work, how do you protect yourself from going over your rehab budget (or from the contractor exceeding his estimated cost)? Do you include specific language in the repair contra...
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What are the best ways you’ve found to estimate rehab costs? The rehab calculator on BP is fine but, how do you estimate the $$$ to put into each category?
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Hello all,
I am considering a rural, commercial tiny house development to be used exclusively for short-term rentals. I am mostly aware of the work that needs to be undertaken for any given area in terms of zoning, d...
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Hi guys so i just purchase my first real estate deal from a sherrif sale that im going to rehab and than rent out. I would prefer to sub contract each component of the rehab so i can get a better understanding of...