All Forum Posts by: Steve Smith

@Kevin Small

I am a buy and hold investor in the Beverly Hills /Crystal River Florida wishing you the best

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Steve

@Bert Wright

Welcome to BiggerPockets the best Real Estate site on the web. You will find a lot of great information here, with along with good and knowledgable people that are willing to answer any of your questions. Also be sure to check out the Education section above and join the free webinars offered by BiggerPockets

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Steve

@Matthew A.

The 50% rule is meant to act as a quick analysis tool, to insure the deal is actually deal.  It should be used in conjunction with a full analysis. Never purchase a property based on the 50% rule you will be very sorry

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Steve

Hello @Lindsay Denny

The figures I use are as follows

Vacancy 8%, Repairs &maintenance 5%, CapEx I use 10%

Hope it helps

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Steve

My favorite podcast are show

3, 76 Brian Burke

14. Ben Leybovich

48,131 Darrin Sager

60 Serge Shukhat

108 Grant Cardone

152 Burke,Shukhat, Leybovich

153 Linda Mckissack

157 Hal Elrod

@Alfredo S.

You might want to check out CFRI (Central Florida Real Estate Investors) there are many commercial investors there 

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Steve

@Pete Murphy

Welcome to BiggerPockets the best Real Estate site on the web. You will find a lot of great information here, with along with good and knowledgable people that are willing to answer any of your questions. Also be sure to check out the Education section above and join the free webinars offered by BiggerPockets

Pete before moving to Florida I lived in Revere for 43 years and Kingston for 15 years

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Steve

As a property ages repair and maintenance cost go up.  Common sense would say that the coming years maintenance cost would be the same or higher

I use the following as a guide

New to 10 yrs  5%.       11 to 20 years. 10%     21 and older 15%

Hope it helps

Steve

@Kenneth Silva

Welcome to BiggerPockets the best Real Estate site on the web. You will find a lot of great information here, with along with good and knowledgable people that are willing to answer any of your questions. Also be sure to check out the Education section above and join the free webinars offered by BiggerPockets

Before Moving to Florida I lived in Revere and Kingston Massachusetts

Make it Happen

Steve

@Alexis Scott

Hello and Welcome to BiggerPockets, the Best Real Estate site on the web.

You will find a lot of great information along with good and knowledgeable

people that are willing to answer any of your questions. Be sure to check out

the Education section above. And join the free Webinars offered by BP.

Make it Happen

Steve