What is your budget?

You have a choice when doing an arbitrage to be responsible for little to nothing when it comes to maintenance and repairs or budget for maintenance and repairs as if it's your property (keeping your tenants satisfied). 

             Hello fellow real-estate connoisseurs, my name is Phillip. I am 24 years old and currently in the beginning stages of my real estate journey.My goal in life is to be financially free using real-estate to ...

Just set aside some for repairs and to replace worn out or damaged items.All houses will eventually need a new roof or HVAC system.We also have an upgrade budget.

(They are all selling in the $260-285k range).I'm sitting here trying to learn and absorb everything, and working on the rehab budget. 

At low price points your rehab budget will be more than your purchase price. 

The $65,000 renovation budget presented a clear opportunity to add value.

The $30,000 renovation budget presented a clear opportunity to add value.

I've already put down a significant deposit and now I'm considering leveraging a 100% loan for a second property, with a budget of up to $600k.

The 50 largest U.S. metropolitan areas as defined by the Office of Management and Budget (OMB-202003).