Tyler Davis
Estimating Rehab Cost on Full Gut Duplex
I have a duplex I'm looking to purchase as a BRRRR, it's fully gutted inside but has a new Roof, Siding, Windows, Electrical Service.My question is how do I accurately estimate rehab costs for the :
- Electrical
- P...
Robert Carney
ROI on Paid Off Property
I understand that the first thing everyone will say is “Don’t pay it off and leverage more properties” but I’m curious how to correctly establish ROI on an investment property. If I pay it off, I’m at least saving the...
Clayton Moss
Estimating Cap Ex and Vacancy
I've been looking at some small multi family units in North Florida. During my analysis, I guess on the percentage estimate for repairs, vacancy, cap ex, and management. How do you all estimate these figures? In my op...
Tzvi Keisar
Can I use my LLC as the registered agent in MI?
I'm going to form an LLC in Michigan (Let's call it My-MI-LLC). The LLC will have a real business address.Can I use My-MI-LLC as the registered agent when filing with the state? Or does the RA must be a different enti...
La'Terrius Campbell
Pro Forma/Profit and Loss Statement
What’s the difference in a Pro Forma and a Profit and Loss Statement?
Account Closed
Renting out ADU+Portion of main house
Hi All,New to BP and have enjoyed reading posts and connecting with BP'ers! I am from the SF Bay Area.I am looking to build and ADU however my city has a restrictive ordinance on size i.e. 475sq feet & max 1 bedro...
Kyle Bambu
Using Employee 401k Plan to Fund Real Estate Investments
Hi everyone! I'm starting a job at a company that will match my contributions made to a 401k or Roth 401k. I'm trying to figure out the best avenue so that I can use the money in either account to fund real estate inv...
Robert Muzyka
How do I estimate insurance costs?
How do you estimate insurance costs when your analyze a potential rental deal? I am beginning to analyze deals daily (and in different markets around the country) and I'm not sure how to come up with a good estimate ...
Ali MirRasekhian
BRRRR that doesn't cashflow
Hi everyone. I am running numbers on some different BRRRR deals and continue to get negative cash flow on every one that I've done. This property would be acquired under the 70% ARV and seems to pass the 1% rule.I w...
Mike Montanye
Mortgage Estimate Anxiety
We are under contract for our first rental. We contacted our lender and started the mortgage process.We explained to them that we were looking for a 20% Down loan. We were told that the fees associated with that loan ...