All Forum Posts by: Casey Rondinella

Thanks Pradeep - added him to my list of people to reach out to.

Hi Issac - thanks for the response.

Looking for mainly flooring, painting, refinishing, potentially new appliances etc. i.e modernizing the units (10-15k per unit)

Not going as deep as replacing plumbing, roofing or other cap ex

Hi everyone, 

I'm getting a 4 unit in Tacoma Washington (I'm a new investor in the area)

Do you have contractor(s) you'd recommend? 

Would be super helpful! Thanks in advance. 

Very useful @ken thank you. 

Thanks for the solid answer @celena

I commonly see people mention cashflow in dollar amount i.e $500 a month as a measure of how successful the property is as a producer. 

What I am looking for, is more clarification on what % cash flow relative to total purchase I should be after. Or, is there a more intelligent number should I tie this to? 

In summary, I am looking for a good cashflow % formula I can use to calculate if a properties cashflow gives me enough margin of safety + ROI in order to more properly calculate if the property is a dog or not