Stephanie Martinson
Underwriting a value-add apartment syndication
Hello all,I think I found a deal! It's a 10 plex value-add apartment. I'm in the process of coming up with an offer price so I have a few things I am hoping that someone may know the answer to...1) I'm including the...
Doug P.
Estimating Rehab Cost Per SQFT
Reading the book Flip they have a rule of thumb chart for quickly estimating the cost per SQFT of rehabbing or remodeling a home.
Here is how they chart it.
Standard finish rehab - $15
Designer finish rehab - $18
S...
Dion Shields
I found a house, what do I do next?
Hello BP Fam,
From what I've gathered thus far, it's advised that, as a newbie wholesaler, I narrow-in on or master a particular neighborhood, so I figured what better neighborhood to start with than my own. So I did...
Josh Kercher
Need help on analysis of 43 unit complex!
Hi there!
I'm a Realtor in my area and had this 43 unit apartment complex pop-up as a new listing today. It is listed with the language "WELL BUILT BRICK 43-UNIT APARTMENT COMPLEX WEST OF DOWNTOWN YPSILANTI. 31 1BR...
Mariah Jeffery
Mechanics of seller financing
I'm about to make an offer on a multiple-property deal with seller financing and I have some questions. I assume if the deal gets accepted, I'll need to get a real estate lawyer but in the mean time, I'm thinking of t...
Ray Lim
Taking a look at multi-family homes
I found this market flyer for this property
It is a 8-unit multi-family property being sold at $800,000.
The market flyer seems to do the basic number crunching already. It calculated a CAP of 6%. It also already c...
Jim Wineinger
Approved vendor list
I am suprised that no one took Josh up on his offer of making a suggestion and starting a topic for this on the open forum.
My post to his Blog was as follows and any and all comments (good or bad) are welcome.
The ...
Rich Weese
RE goals -early retirement Part 4-ELIMINATE TAXES
Much of this thread is repost of parts of other threads and blogs from a year ago. I"ve been continually asked about this subject and there are lots of newbies on BP that may benefit from this.
I want - to start wit...
Michael Thach
Tenant Chargeback all the Rents from my PM now what ?
Hi everyone, I need your help. I have a property in Dallas and we let a property manager manage the property. 2-3 Months ago the property manager found a tenant, did a backround check and told us she is ok. First mont...
Alexander Reda
Long distance Investing
How would you go about deciding on what area to invest in? For example, would you randomly pick an area and start researching using the Census? Or would you contact PM Companies in an area you're curious about and pi...