Michael Kiley
So you want to buy in CLEVELAND??
I respond almost daily to my inbox from out of state investors interested in Cleveland. Here is my usual reply...I self manage and do all my own renovations so I don't have any experience in dealing with outside prope...
Patrick Zepeda
Estimating rehab costs before or after inspections?
Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...
Darius Moody
Home Inspectors
How's it going BP world?I have a short and sweet question that i'd like to ask. Does anyone here have a home inspectors license or certificate? I'm wondering if it would be a good idea to get one. Just another leg to ...
Julie Mcneeley
Where to purchase supplies?
Im looking for the most economical place to purchase flooring, cabinetry appliances etc for apartments we are wanting to update.
Jeffery Waicak
buyers choose finishes?
has anyone ever tried this? basically do the rehab 100% on the outside,so it has nice curb appeal. do all work inside to the point where you have drywall up and primed white. then market as starting at your lowest pri...
Sarah Beth Saffer
Where to start as a newbie on first deal
I am looking at a property this week to see what it's potential is. It is a 5 bed 3 bath house that is nearly all gutted and ready for someone to fix and flip. I have analyzed it and it appears to be a good deal but I...
Brad Stoffel
Gut it to the Frame
There is a house in my area that needs gutted... every floor, every ceiling, every wall taken down to the studs. The brick is in decent condition, but the second story is cedar shakes and they need replaced. The roo...
Nate Huber
Repairs and Maintenance, CapEx, and Vacancy % Estimates 3BR/2BA
I'm trying to make sure my calculations are as accurate as possible. Currently, I'm running my numbers for my single-family 3BR/2BA as follows:
- 5% of rent for annual repair and maintenance - 5% of rent for CapEx- 6...
Easton Enge
Newbie: What do Flippers use for design modeling?
Do you use some type of software (CAD/SketchUp) or do you just go with what you have visioned?
I think for me some type of modeling software would help in the beginning before I start to "see" things.
Akshay Bhaskaran
Approaching off-market properties
Hello BP community,I recently got a Propstream subscription, and pulled some interesting lists in my County. Like - Pre-foreclosures, High equity, Tired Landlords, Tax delinquency etc. Then, I used Skiptrix to skiptra...