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Updated over 2 years ago,
Looking For Advice On Analyzing Properties
Hi,
I'm currently looking to buy my first house hack and I'm already preapproved. I've spoken with multiple real estate agents. I'm stationed in Great Lakes, IL. I'm curious to know how much people are accounting for repairs, vacancy, capital expenditures, etc. as they are analyzing different deals. I want to make sure that when I go through and analyze a property I am actually making reasonable assumptions on what my expenses and reserves will be as well as what I can charge for rent.