I was curious for cash buyers, understand that this is subjective. What is the typically ARV that a cash buyer is willing to spend on a property?I have heard cash buyers typically will do a 66% ARV spend on a property...
We are about to roll out our first house on the short term rental market. We are going to list on the big sites, but have two questions. Are there places other then Airbnb/VRBO that we need to be advertising and does ...
Hello BP! Here is my situation and hopefully someone can provide some recommendations on path forward. My brother and i recently purchased couple of multi-family buildings. It’s a value add project so we’re in the mid...
Would you formulate a higher percentage on lower ARV properties that need a fullGut. I know fullGut cost 60$ per sqft usually.
Say ARV=185,000$ (sqft 1,826)..If I were to do the 70% rule. Than 185 x .7 - 109,560$repa...
My partner in my multi-member LLC will be performing many of the maintenance/management activities. In the state of Georgia, is there a minimum ownership percentage required to allow him to manage the property? I figu...
What's the percentage of closing fees in Connecticut? The proximity.
Hi everyone, I am new here. I am trying to buy a TIC (tenant in common) and I wonder if anyone can share any insights for percentage ownership interest. The TIC is the last unit in the building, but the ownership perc...
What do you guys feel are comfortable percentages to run for rental properties? I've been using a 10% reserves rule so far and feel I need to break it down further to vacancy, maintenance, and management individually....
I have about 11 acres of land in Atlanta that needs to be cleared out and developed on. My plan is to build townhomes on it. My question if I team up with a developer and they build the townhomes. What is the stand...
I would appreciate input from the community here:I found a deal for an investor friend. He is paying $90,000 for a property that will rent for $1000/month.He suggested I ask for a finder's fee... Is 10% too much? We w...