Quang Tran
Rehab; Costs and Estimates?4
I've recently took my first step into real estate investing and got pre approved for a home. Im trying to break through the fear of each step of Real Estate Investing but it seems im getting lost in paralysis analysis...
Dave H.
Feedback sought for contractor estimate
Hi everyone,we just received these costs from our contractor in MI and it’s the first time we’ve gave him a chance to estimate. The house is 1000sqft. This is for a retail flip.Some of the items aren’t detailed enough...
Yenisel Avila
Estimating home's value when wholesaling
Hi and happy Easter to all,
I have a personal situation that I need some advice on. My parents' home is worth approx. $429K on Zillow. However, my mother has completely devalued the home due to incomplete "DIY" const...
Xuan Ni
S Corp estimated tax mistake
Hi there,
I just started an S corp and was trying to pay the estimated tax for 2020 first quarter. I received a letter from EFTPS so I went ahead and paid the tax with Form 1120 -- federal tax deposit, but later I k...
Akil Kariym-Bey
Help running through rehab estimator
The nuts and bolts are as follows:
House built 1941 (Definitely due for reno.)
3 br/ 1 bth --> 4/3 + a stand alone garage
(It looks like it will take a complete demolition of the standing structure.)
Currently ...
Bhanu Kuna
BRrRR in Philadelphia - Renovation Estimate
Hi everyone! I hope everyone is staying safe. Working on my first BRRRR in Philly and the property requires heavy rehab.
The kitchen needs to be gutted(will end up going with mid-range finishes since everything is ...
Praveen Balaji
Estimating out-of-state flips
I'm an out-of-state investor investing in Charlotte. I recently purchased my first SFH completely remotely. For my next project, I want to improve my cash flow with a flip. I would appreciate some advice from experien...
Praveen Balaji
Estimating out-of-state flips
I'm an out-of-state investor investing in Charlotte. I recently purchased my first SFH completely remotely. For my next project, I want to improve my cash flow with a flip. I would appreciate some advice from experien...
Connor Duff
Estimating Expenses on Rental Property
When analyzing deals, how much should I consider for monthly expenses? I've heard of the 50% rule but have read that's more of a "rule of thumb" and not a concrete measurement. Do you take into consideration the age o...
Joshua Knapp
Estimating property taxes and insurance
Was just wondering if there was a general percentage I could use to calculate property insurance and taxes when running numbers on a rental property or if there are websites I can utilize? I'm sure it's specific to c...