4 Unit apartment that will gross $62,400 per year in rent.
Sale Price: $295,000
Expenses:
Taxes: $14,154 (Actual) Annually
Insurance: $2000 (Estimate) Annually
Water/Sewer: $2000 (Estimate) An...
We're in negotiations to purchase our first property and its 12 units on 2 acres, low to moderate income houses and duplexes. I'm trying to estimate insurance cost and the current owner has the insurance below value. ...
Hello BP,I am working on a potential deal this is my first time estimating renovation cost. I was looking for a contractor who would not mind walking the property with me this week to help me better understand how to ...
I have been house hacking a 4 bedroom in Clairemont for the past 4/5 years. I recently spoke with my mortgage company and they said if I can get my house re-appraised for $505k+, I can request to have the PMI removed....
As a Wholesaler, would it be more attractive to a potential buyer/investor to include an inspection report in the deal proposal? Or, is just having a good deal enough to stand on its own? Basically, would that give me...
Hi, I am doing a rehab and consider this a "first" for trying to do it right. I evaluated a variety of tools, and came across FlipperForce.com. It looks thorough for SOW and Estimating rehab costs. It also looks we...
I just finished @Brandon Turner's How to Evaluate and Offer on Rental Properties webinar, so I wanted to apply that knowledge in the market that I'm interested in, Tacoma, WA. My goal is to cash flow $100 per unit pe...
I found a duplex listed for $31thought Each side of the duplex has 3 bedrooms and one and a half bathrooms. From the pictures on the listing the property seems to be well kept although the kitchen could be updated. I ...
Hi BP,Looking at a potential investment property in the Williamson county region just north of Austin. I know that many existing homes in the area have at least some settling of the foundation given the soil. An inspe...
Hi Everyone, Received a lower appraisal for a house than expected. Is there anything I can do to "challenge" the appraisal or is there a way to see if I can get a little more out of the house than what it was appraise...