All Forum Posts by: Anthony Bertolino

I completely disagree, if you look at the Dotcom Inflation Adjusted Market Cap (8 Trillion) compared to the Crypto Total Market Cap (160 Billion) it's clear to see that it is very early in the race. While things can escalate very quickly (and they do), institutional money has yet to enter the market. I see the market rapidly rising in market cap over the next 12-24 months in which then the average consumer purchases and holds these Crypto-Currencies, then we will potentially be in bubble territory.

While I am new and have only analyzed a handful of deals, this looks like a great find given your current numbers!

 So for holds you would buy in an area with high crime, minimal industry / job diversification, low income...etc., as long as the cash flow was incredibly high?

I am just starting to learn but it seems like many investors take a macro view of the property and area they are investing in, cash flow is only one part of the deal (albeit it's usually intertwined with the macro view).

 Amazing input Joe, thanks!

As a new investor I plan to follow this thread to get a sense of what some of the more experienced people place as priorities. Thanks OP!

It's now late 2017, anyone?

Great idea Josh!

I was  thinking about this the other day as I am looking into TK options in the near future. Hopefully we can get some good long term data points for reference.

Cheers.

Thanks for the insight Kristina. How do you anticipate or calculate CapEx?

Greetings Bigger Pockets members,

I am plunging myself into the Real Estate Investing world and trying to ingest as much high quality material as possible. In between listening to podcasts (and my first audiobook), reading my first actual book and reading forum/blog posts; I am practicing running numbers.

While the general 1% or 2% rule and 50% rule are an awesome rule of thumb, I want to hear more about your personal methods when budgeting for things like "Repairs and Maintenance", "Large Repairs", and everything else.

Now I know it's fairly straight forward to get things like Rental Property Insurance by contacting insurance companies and Real Estate Taxes by checking the books, is there any rules of thumb that can be used for those?

Currently I am running:

- Vacancy at 10% (I understand this fluctuates heavily by location)

- Property Management Fees at 8%

- Repairs and Maintenance at 12%

- Large Repairs at 5%

- Property Insurance based on Redfin Calculator

- Real Estate Taxes based on Redfin Calculator

* Rent is being pulled from Zillow

I am totally new and maybe it's a bit early to run numbers but I feel that it's good practice. I would love any input you may have!

Cheers,

Anthony

Thanks for the reply Jon! 

Using the numbers I listed in my original post, it looks like all expenses combined (including vacancy) I am running at just slightly over 50% for the past few properties I have ran. If I am still cash flowing after that it seems like it might be a decent deal then huh?

EDIT: I just noticed I post this in the wrong sub-forum. Please disregard :P

Greetings Bigger Pockets members,

I am plunging myself into the Real Estate Investing world and trying to ingest as much high quality material as possible. In between listening to podcasts (and my first audiobook), reading my first actual book and reading forum/blog posts; I am practicing running numbers.

While the general 1% or 2% rule and 50% rule are an awesome rule of thumb, I want to hear more about your personal methods when budgeting for things like "Repairs and Maintenance", "Large Repairs", and everything else.

Now I know it's fairly straight forward to get things like Rental Property Insurance by contacting insurance companies and Real Estate Taxes by checking the books, is there any rules of thumb that can be used for those?

Currently I am running:

- Vacancy at 10% (I understand this fluctuates heavily by location)

- Property Management Fees at 8%

- Repairs and Maintenance at 12%

- Large Repairs at 5%

- Property Insurance based on Redfin Calculator

- Real Estate Taxes based on Redfin Calculator

* Rent is being pulled from Zillow

I am totally new and maybe it's a bit early to run numbers but I feel that it's good practice. I would love any input you may have!

Cheers,

Anthony