Its been awhile since I even thought about getting back into anything to do with real estate due to family health issues and now Covid. During the past 6 months, I have received leads from a wholesaler who I still kee...
Hi everyone! I am starting to run numbers on potential properties to develop the skill on multi families in my criteria zone before I buy my first househack hopefully the next year. I am able to get most of the nu...
Hi!
Im practicing underwriting multifamily deals and came up with this excel. I know there people selling models but I would like to understand the process and think that doing it myself will help me very much.
As...
3 friends and I are flipping a house in south central PA and we are exploring ways to finance the rehab. We are buying the house with cash for 60k but need to finance the rehab which we estimate to be around 80k. We e...
Looking for options. (1) Not put good money after bad. Shall I sell the house, and take the loss on my tax return, (2) restore and sell but with a declining housing market does it make sense, (3) Zillow estimate preda...
My resident called me reporting a leak at the water heater. After reviewing the area the leak was coming from the bottom part of the hvac (blower) falling on top of the water heater. Both water heater is on top hvac...
So I am looking at another house. This one is 3 bed 1 bath 1500 square feet for $95,000 estimated $15,000 in structural repairs (crack in basement wall) $25,000 to remodel upstairs. Looking at zillow all the houses go...
Quick question to fix & flippers in the Houston area, specifically the North Houston/Spring area. What is the formula you guys tend to stick with? Currently trying to get my first deal done and was trying to use t...
Okay guys! So I've been crunching some numbers on a deal and I have my formulas that I go by with rehab costs but as of late I have been getting some crazy quotes from general contractors. This is a deal in Nashville:...
What are the best ways to find out about a new area to buy property in? I know about the county website for crime. Talking to people in the area. Any other ways to find out?
Also, how close are zillow estimat...