Garrett Christensen
How much to set aside for Maintenance and Cap Ex?
Hi All,I've been investing for a few years now and when I'm running numbers I always set aside a percentage of the rent for maintenance and cap ex. I adjust this number slightly based on the condition of the property,...
Shane Mcc
Is my analysis of this multi-family property correct?
Asking Price: $325,0006 UnitsUnit Type: 4 two bedrooms, 2 three bedrooms. Monthly gross $3945.00. Which seems low but I got off the phone with the realtor and this is what he tells me. Asking price: $325,000Down payme...
Dave Friedman
Simple Cap Ex question
Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
Kyle Michael
cost segregation
I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?
Jason Rogers
NOI as a percent of gross?
I know, I know it will vary based on costs, utilities, taxes and deferred maintenance etc. but is there a rough estimate that you use for back of napkin calculations for NOI as a percentage of the gross rents?
Sylvia Schumacher
How to estimate renovation cost?
Hi all,
I am new to REI and look at different markets as my farm area. I stumbled across this bank-owned property in Pittsburg here in quite a decent area: https://www.homepath.fanniemae... I don't really consider bu...
Sarkis Gezalyan
How do construction loans work??
Hello all, I've been reading on construction loans but I believe I'm missing the "obvious". To make it easy, let's say I'm looking to buy a 800k home, and expecting to add about 200k worth of work. Can someone help me...
Account Closed
RE license needed for "net listing" ?
Ive been listening to Bob Diamonds material and one technique caught my attention that is called a "net listing". I believe you have to be an agent for this, but im not sure so I thought Id ask here.
Basically, it g...
Aaron Ta
Refinancing owner-occupied property within 1 year
I bought a place in November 2019 as an owner-occupied property in California and I intend to convert it to a rental after 12 months of living here. However, my mortgage broker just presented to me a great refinancing...
Cody Maheu
LF: Appraisal and Rehab Resources
As the title suggests, I am looking for more information about how SFH's and MFH's are appraised at. I am also looking for any rehab resource to get me comfortable with analyzing properties and help estimating repairs...