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Updated about 6 years ago on . Most recent reply

Question about screening for cash flow in older rental units
It's been a long cold winter and winter sure can be hard on structures. When you folks are initially evaluating investment properties, what numbers do you plug in for capex and repairs on older (pre 1900) homes. I know each property is unique, but is 10% for each too conservative/ too optimistic as a filtering device in order to identify properties that cash flow?