How to use my House Hacking Calculator to Estimate Costs

calculator house hacking May 16, 2023

Today I'm gonna show you guys exactly how I run the numbers and analyze different potential investment properties.

Today I'm going to show you two properties, one in Oklahoma and then another out in Pennsylvania.

We're gonna specifically look at multifamily properties that you could house hack,  as I think that's what's the best way to get started investing.

The first one we're gonna do here on the white board, and second property I'm gonna show you guys how to use the Excel calculator that I built that is super simple. you just type in your numbers, and it spits out your cash flow amount, your return on investment, all the necessary information that you need.

Here is the link to my house hacking deal calculator.


First Property 

The first property we're going to look at is a duplex that I found in Oklahoma City and the purchase price for this duplex was $120,000. This is a 1-bed, 1-bath on each side, and there are a couple of things you want to know for...

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How to use my Rehab Calculator to Estimate Costs

arv calculator comps rehab May 16, 2023

Have you tried to estimate rehab costs with no experience before? It's not easy right? Here on this blog I help real estate investing beginners learn to invest in real estate.

This post shows how to estimate rehab costs. Running the numbers and estimating rehab can be one of the toughest parts of doing wholesale or BRRRR real estate. 

So I’m looking at a property that is in pretty distressed condition, and I want to show you guys how I run the numbers. As we walk through, I'm going to show you how I use my new rehab calculator to estimate the rehab as I go through.

Now, this is for those of you that aren't contractors and who may not have a bunch of construction experience, but still want to be confident when you're running your numbers. 

And then I'm also going to tell you how I can teach you to run comps so that way you'll have the two most important numbers.

You'll have confidence in your rehab estimate as well as your ARV. So I'm gonna show you how I use the...

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