All Forum Posts by: Jonah L.

Hi All,

Getting started in LA and looking for folks with experience flipping in the LA market. Would love to connect and pick your brain. I have 8 years experience in commercial construction, civil engineering, and project management, so hoping to leverage that skillset to help me. Thanks everyone!

Hoping to get some input on the expense numbers I'm using in my model for Columbus, OH. I'm wanting to be conservative, but not unrealistic. I'm assuming 8% property management (plan on using a PM but haven't sourced pricing), 8% repairs & maintenance, 8% cap ex, and 5% vacancy. 

Also, would appreciate if someone could help me understand the best way to project property taxes. From my initial understanding it is not as easy as plugging in the current owner's last property tax. 

Thank you!