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All Forum Posts by: Anthony Leon

Anthony Leon has started 2 posts and replied 6 times.

Las Cruces Real Estate Forum

Post: Accounting for CapEx, Repairs & Maintenance, and Vacancy

Anthony Leon
Pro Member
Posted
  • New to Real Estate
  • Las Cruces, NM
  • Posts 6
  • Votes 2

Thanks, Cameron! That definitely helps. I was not accounting for that much, and I suppose it's better to be more prepared for high ticket items. I'll also check out that article. Thanks!

0 Votes
Las Cruces, New Mexico
Las Cruces Real Estate Forum

Post: Accounting for CapEx, Repairs & Maintenance, and Vacancy

Anthony Leon
Pro Member
Posted
  • New to Real Estate
  • Las Cruces, NM
  • Posts 6
  • Votes 2

Hello All,

I'm getting to know the Las Cruces markets better and analyzing mostly SFHs. I'm wondering what percentage of the gross monthly income investors are accounting for regarding cap ex, repairs and maintenance, and vacancy. How much does that percentage change based on year built and such? 

I'd appreciate any help!

0 Votes
Las Cruces, New Mexico
New Member Introductions

Post: New Member Looking For My First Rental

Anthony Leon
Pro Member
Posted
  • New to Real Estate
  • Las Cruces, NM
  • Posts 6
  • Votes 2
Originally posted by @Justin Windham:

@Anthony Leon

It’s nice to have you on Bigger Pockets!

Make sure you check out all that this site has to offer. You will be able to get answers to so many of your questions regarding real estate investing, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance from many of the knowledgeable members. Take advantage of the networking opportunities and best wishes to you.

There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides


Alerts can be really helpful too: http://www.biggerpockets.com/alerts

Thank you very much! I look forward to exploring this site's helpful content and resources. I've read some awesome articles already also.
0 Votes
New Member Introductions

Post: New Member Looking For My First Rental

Anthony Leon
Pro Member
Posted
  • New to Real Estate
  • Las Cruces, NM
  • Posts 6
  • Votes 2
Originally posted by @Anthoney Hanks:

@Anthony Leon, welcome to the BP forums. Wishing you the best of luck in finding your first investment

Much appreciated!
0 Votes
New Member Introductions

Post: New Member Looking For My First Rental

Anthony Leon
Pro Member
Posted
  • New to Real Estate
  • Las Cruces, NM
  • Posts 6
  • Votes 2
Originally posted by @Julio Gonzalez:

Welcome to BiggerPockets, Anthony!

Thank you!

0 Votes
New Member Introductions

Post: New Member Looking For My First Rental

Anthony Leon
Pro Member
Posted
  • New to Real Estate
  • Las Cruces, NM
  • Posts 6
  • Votes 2

Hello BP community! I'm an Army veteran based in Las Cruces, NM. I'm looking to invest in Las Cruces and El Paso to start. I'd like to connect with folks with insight on the those markets and hopefully find my first deal. My focus is rental properties. I'm excited to educate myself in this realm and to get started!

2 Votes