Steven DeMarco
Help with deal analysis on first house hack
I'm looking at a SFH + ADU in Salt Lake City, UT as a potential house hack. Before I put in an offer, I want to run the numbers by some professionals.
The property is 4BD/2BA in total, with 2BD/1BA upstairs and 2BD/1...
Jonathan Riordan
Origination fees 2.5%?
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
Christopher Blanco
Why are good wholesalers so hard to find?
This is more of a rant than an informational post. Why are good wholesalers so hard to find? My experience thus far with wholesalers has been less than pleasant. I started off with some smaller names, but found out qu...
John Underwood
STR replacement cost insurance with increased building costs
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...
Kevin Zh
Finding deals - do you solely rely on realtor or look for deals yourself?
tl;dr:
realtor only seems to only respond for deals he sends now. Is this
normal or should I look for new more communicative realtor?
I'm a new long distance investor based on the east coast with one SFH
in the...
Max Garcia Jr
Rehabbers: How important is the %70 Rule to you?
I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers
ARV = $575K
Repairs = $100K
Selling price after my fee = $325K
...
Shaquetta Chittams
Renovation Cushion
What percentage of my rehab budget should be set aside as a cushion. Right now the renovation budget is at 45k and we haven't opened any walls, looked at the roof or the furnace. We know we want to update the kitchen,...
Chris Bounds
Houston Apartment - 29 units
Ok BPers. I said in a post a while back I'd post the numbers on a small apartment complex that I am pursuing. Here they are. Comments are welcome:
Purchase Price: $325,000
Units: 29
Mix: all one bed/bath (one effi...
Jared Roso
Deal possibility thrown my way, not sure what to do
Hello All, I've been reading on this site for a few months now trying to absorb as much info as I can and I've talked to a few people about wanting to get into real estate. I'd like to eventually get into bu...
Harnit Koch
Sewer Line in the Basement backing up
Hi Friends,I have a property in Buffalo that I bought in August. My PM informed me that the sewer line from basement to street seems to be broken and is backing up in basement since yesterday. This could be due to he...