All Forum Posts by: Alexander Barsky

Hi, love the forums, grateful for all the support and help.

There is a quadplex for sale. There are two renovated units and the other 2 require a complete teardown. The quadplex is currently priced for the amount a duplex would go in the area. Does it make financial sense to buy it at the price and slowly rehab the other two units or is it rarely worth the extra construction cost even at a lower price?

Thank you.

Thank you very much @Billy Davidson. You're approach is very sensible, I will utilize it.

Hi, when i evaluate a property I generally put 10% monthly expense for repairs and maintenance and 7% for Capex expenditures to determine if a property is a possible buy. Do these percents make sense for a new build? If not, what are general standards to use?

HI, my name is  Alexander and I am a new real estate investor from Maryland. I am very excited to get started in the process. I have been traversing the forums for a couple of weeks now. I want to thank the BP community for being extremely helpful and supportive to each other. It really makes the experience much more pleasurable.