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20 August 2019 | 2 replies
Example flooring 3864 sf @ $6 sf = $23184 / 8 year life span / 12 months in a year = $242 per month just for flooring.
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20 August 2019 | 1 reply
Capex examples. roof $6000 / 25 year life span / 12 months in a year = $20 per month.
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15 January 2020 | 15 replies
Capex example floors 600 sf @ $6 sf = $3600 / 8 year life span / 12 months in a year $37.50 per unit or $150 per month for flooring.
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22 August 2019 | 9 replies
I read this statement in the M&M report for 2019 as I'm doing research to zero in on markets to invest in for multifamily: "Lenders have been reluctant to lend on future revenue growth through value-add efforts, resulting in increased use of short-term mezzanine debt and bridge loans to cover the span until improvements deliver the planned returns."
28 August 2019 | 5 replies
Also, there are a couple of trees on the neighbor's property whose roots would span into the area where the main sewer line runs.According to the home inspector who took photos of the crawl space, he says it not as bad as it could be, and no significant signs of flooding out.
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22 August 2019 | 2 replies
Flooring life span 8 years. 2000 sf @ $6 sf = $12000 / 8 years / 12 months in a year = $125 per month in flooring capex.
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25 August 2019 | 4 replies
Example floors: 1000 sf @ $6 sf = $6000 / 8 year life span / 12 months in a year = $62.50 per month just in floor capex.
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31 August 2019 | 7 replies
Most beginners do not budget enough for capex. example flooring has an 8 year life span. 1200 sf @ $6 sf = $7200 /8/12 months in a year = $75 per month for just flooring capex, You need to account for roof, appliances, hot water heater, hvac, etc.
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27 August 2019 | 16 replies
Roof $4000 /25 year life span / 12 months in a year = $13 per month.
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27 August 2019 | 2 replies
I'm definitely a numbers person and simply having someone to help guide me on how many houses I should acquire in a time span, what rate of return I should aim for (how to calculate said rate of return), and how to tell if a deal is even good in the first place.