A capex budget should include roof 25 year life span, floors 10 year life span, appliances 12 year life span, hvac 20 year life span, hot water heater 12 year life span, bath and kitchen remodel 20 year life span, etc.

Well "Blue Collar" spans all income ranges .

Chances are, if you buy anywhere in the ATL MSA, it's going to see appreciation over the average 1-2 year span.

Therefore I can use the cashflow to make necessary renovations and save for the unknown, gaining over 150K during the span of the IO loan.

Five or six months later I was then ready for another property and that feeling returned of wanting to buy more and so I bought another... and then another (though there was a decent span of time between the 2nd and the third). 

Hi @Troy Hanc, Property Managers span a wide gamut of services, but I'd say guess that you could easily find one that covers leasing and re-leasing in their services for a reasonable fee. 

The best thing for you to do is to JV with me in some aspect and allow me to more than double that money in a 2-3 year time span. 

At the time that this episode was recorded, LendingClub offered loans up to $35k per loan, while Prosper offered a total of $35k that span across multiple loans.

If the carpet cost you $5,000 to install and had an expected life span of ten years:$5,000 divided by 120 (# of months in ten years) = $41.67 per month$41.67 x 78 (# of months remaining life expectancy) = $3,250.26 remaining life of the carpetDocument with pictures, schedule the work, apply the deposit, send tenant a summary of charges and an invoice for the remaining balance.

Should be a simple transaction but these rates and fees we're finding are ridiculous for such a short span of time from our last deal (December 2021) We got 3.5% with .5 point on an investment property with 10% down and no escrowing of taxes and insurance!