All Forum Posts by: Joseph W.

I just bought a STR in Kissimmee and love that area for a few reasons. There is an established draw that will never go away. There is regulations already set so I don't have to worry about the government coming in and saying I can no longer STR my home. Finally there is an established group of Cleaners and other people who understand STR

Can you please post the names from the established group of Cleaners
Tanks

0 Votes

How to Estimate Future CapEx Expenses on a Rental Property (Updated 2021) Brandon Turner	Replacement cost	Lifespan (years)	Cost per year	Cost per month
Roof	$5,000	25	$200	$16.67
Water heater	$600	10	$60	$5.00
All appliances	$1,000	10	$100	$8.33
Driveway/parking lot	$5,000	50	$100	$8.33
HVAC	$3,000	20	$150	$12.50
Flooring	$2,000	6	$333	$27.75
Plumbing	$3,000	30	$100	$8.33
Windows	$5,000	50	$100	$8.33
Paint	$2,500	5	$500	$41.67
Cabinets/counters	$3,000	20	$150	$12.50
Structure (foundation, framing)	$10,000	50	$200	$16.67
Components (garage door, etc.)	$1,000	10	$100	$8.33
Landscaping	$1,000	10	$100	$8.33
TOTAL	$41,100		$2,193	$182.75

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How about manage go ?

https://apps.apple.com/us/app/managego-landlord-app/id1459683580

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https://www.biggerpockets.com/topics/856068

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Originally posted by @Sonya Gulka:

@Joseph W. I like your optimism, but with 50k, it became almost impossible to find a good deal in almost all owner friendly states with good cities.

Who need good deals? 😉

My experience starts in February 2021 (not a good deal) with 70,000 dollars and now I am storing to negotiate a deal for $5 million

my experience is that once you get started you will have friends family who will ask you to take their money to invested

what do you need to do is just jump in and start the first deal,

follow @BrandonTurner’s strategies and you will make it,

That’s my opinion!

1 Vote

Work hard and save up about $50,000 and buy your first house!
possible you will lose from the first one, but if you’re moving forward by the 25 you could be a millionaire!

That’s my opinion

2 Votes

Hi everyone

I just got a deal from 35 single family, separate properties,

the numbers make sense for me, the finance the COC everything makes sense for me,

but my question is what’s the downside from having separate single families? and what could be the benefit?

please help me about it, thanks.

0 Votes

Originally posted by @Dennis S. Gelbart:

Hello Everyone,

Has anyone used the BP rental property calculator for multifamily buildings over 50 units? Does it work well for those calculations? Is to cumbersome since you have to enter each unit?

Thanks for your valuable input

Dennis Gelbart

did you tri dealcheck its free for the first 10 properties.

dealcheck.io

1 Vote

All Forum Posts by: Joseph W.

Joseph W. has started 3 posts and replied 27 times.

Post: Residential Assisted Living Academy (RAL)

Post: 40 Acres raw land outside Winnemucca NV

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Post: Best apps or programs used to collect rent and make leases.

Post: Cheapest way to start real estate at 19?

Post: Cheapest way to start real estate at 19?

Post: Cheapest way to start real estate at 19?

Post: 35 Single family house package

Post: Rental Property calculator - for multifamily