All Forum Posts by: Alexander Hitchon

Thanks that's very helpful as it's my first rental investment 

That's interesting cause recently I was looking at a house built in 1890, so for you end up paying about 10% in CAPEX? What about for other additional small repairs how much do you estimate that as?

I was recently reading a Biggerpockets book on investing in rental property and I saw an interesting chart in the book about an estimate of typical CAPEX for a property. Curious if you think these #s are accurate I feel they are a bit low especially for something like changing a roof or replacing All appliances. What do you guys think? I attached a picture of the chart.

Also curious what due diligence do you do when estimating CAPEX and repairs for a new property?

I am looking to buy an investment rental property in Tampa FL ideally with 4 units to rent out. I was looking for something around 350-400k I'm not too familiar with the area. I am out of state and was wondering if there are any responsive, and knowledgable agents that anyone could recommend. I'm looking for an agent who is proactive and really knows the rental market in Tampa. Please let me know if you have suggestions where to look, thanks.