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All Forum Posts by: Chad Robertson

Chad Robertson has started 2 posts and replied 6 times.

The property is a 4 unit two-story building, new roof in 2021 2 new water heaters and HVAC units replaced in 2019 three of the four units are rented by veterans leasing under the section 8 program, one unit is left vacant for showings but has people waiting to rent said unit for 1050 a month it does have a HOA monthly fees calculate to 1000 dollars annually.

Quote from @Caroline Gerardo:

Nothing shows. You can't link to the online calculator. You have to download copy and paste or type it in a question


 https://www.biggerpockets.com/...

Im not sure why it will not let anyone access it. This is the link copied from the report, thank you for your feedback 

This is a deal I found just practicing using the rental calculator, it seems like a good deal with all the numbers I have entered, if anything is wrong can someone point me in the right direction. thanks in advance!

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Quote from @Tim Herman:

@Chad Robertson Have you run capex and repair budgets? The size of the property will impact both budgets. For sub $1000 per month rentals the percentage used needs to be higher to have enough reserves. Unlikely the electric and gas companies will pay you $37 and $44 per month to use their services. Vacancy of 5% is the same as your tenant staying an average of 20 months. I analyze at 8% or 1 turnover per year. Even if you are self managing it is wise to add PM services. 

I will go back and take a look at that, thank you!

View report

*This link comes directly from our calculators, based on information input by the member who posted.