Good day hope you all are staying safe during these troubling times. I was just curious what metric/formula you all are using to calculate ROI on a 0% down loan for a rental. Obviously you can’t use COCROI.
Good Morning BPer's,
I am looking at a small multifamily that needs significant repairs on the box gutters and down spouts. My realtor believes that it will cost me close to 8,000 to repair the 4 problem areas we id...
I need help I'm thinking about moving forward on a duplex it's in a C area. One side is rented out I want to put a tenant on the other side that's vacant. Expected rent total is 1375.00.Asking price 99k. 3% down and s...
Hi fellow BP'sI am trying to work out how much cash buffer I should have after my purchase to cover any unexpected larger ticket items that needs to be repaired or replaced. I am an out of country investor and do not ...
Here's your insurance FAQ of the day:
Q: Why is “Coverage A: Dwelling” in my insurance policy more than the market value of my property?
A: Coverage A is not based on the market value of the property, but on the est...
Hello everyone. I am getting ready to put in an offer on a home that is listed for 180,000 and I asked my lender what my closing costs would look like and he said around 10,000. Is this normal? I was expecting somewhe...
Can anyone with a duplex in Sacramento (city) give a ballpark on the sewer water bill. Units are a 3/2 and 2/1. Is it going to be similar to 2X the cost of a single family, or somewhere between that and one single fam...
Hi, I am a beginner wholesaler. I've searched and searched and come up with varying answers. I was wondering if there was pretty accurate way to estimate rehab cost being a newbie. I want to be as fair to the seller ...
This is a question for any contractors or anyone who is good at estimating contracting work.I'm getting close to starting on my first flip, but not without getting an accurate cost breakout on the additions and/or rep...
Hey group my question is should a contractor and investor split a deal 50-50 if the contractor is not only discounting the estimate to remove the cost of labor but putting up half of the money? I am involved in a deal...