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Updated over 9 years ago on . Most recent reply

User Stats

27
Posts
4
Votes
Joshua Solomon
  • Investor/manager
  • Rochester, NY
4
Votes |
27
Posts

Calculating repairs when purchasing

Joshua Solomon
  • Investor/manager
  • Rochester, NY
Posted

I'm a newbie about to close on my first 5 properties in Rochester, NY and I'm looking now at properties which need work, my question is how do the experienced investors of this blog calculate repairs into the projected ROI, in that a new roof wont need to be replaced for 20-30 years ect.. Thanks Josh

Most Popular Reply

User Stats

97
Posts
46
Votes
Clayton P.
  • Landlord, Wholesaler and Agent
  • Newton, NJ
46
Votes |
97
Posts
Clayton P.
  • Landlord, Wholesaler and Agent
  • Newton, NJ
Replied

Are you talking about repairs you need now or about budgeting for capital expenses?

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