Ricardo Lemus
The rent does not cover all
18 January 2025 | 5 replies
However if you didn’t calculate in at least some percentage of the rent for vacancy, repairs, and CapEx then eventually things will happen, such as a vacancy or a repair being needed and you will be out of pocket a much larger amount of money than just your $400.
David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
Looking over your numbers I'm surprised a couple of them are so low - mortgage expenses, repairs and capital expenses.
Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
A lot of wholesalers lock it up at 75% - repairs and then try to move it at 80% - 85% - repairs.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
Repair costs in first 1 month of owning (this is renovated house done by seller, not me.
Briar Blake
Property Managers Violated Contract
7 January 2025 | 11 replies
As a PM, I'm authorized to make emergency repairs without owner permission.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
The house was flooded to the tune of $70,000 in repairs.
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
The Property Manager usually does light cleaning and repairs between tenants.Recommendations or another way to think about this?
Gabriella Pellolio
1st Property - Built Equity, What’s Next Step?
3 January 2025 | 7 replies
You can get 90% of the future equity, but you do have to have a GC do all of the work for you so you cannot DIY for future repairs.
Zach Howard
Are we allowed to post zillow links here for feedback/analysis on potential deals?
10 January 2025 | 12 replies
There are never full photos of the mechanicals and basement and roof line so you will never have even a bare inkling of what the potential repairs will be.
Brian Chadwick
Selling one home to get three - smart or stupid?
18 January 2025 | 19 replies
I'd be able to put 20% down on each and have money left over for some repairs/updates.It seems like I'd initially take on more stress, less initial return but the long term scalability seems great.