25 April 2024 | 82 replies
I know their approach is to rehab the properties to address the major systems and ensure there is at least 10 years of life in them, but I'm wondering 1.) has anyone needed to take on a large capital expenditure on one of their RTR properties yet (and if so, what year into your hold period). 2.)
13 September 2017 | 69 replies
The state will just "create" more jobs and defined public employee pension benefits to absorb that gain while structurally increasing their expenditures permanently
30 March 2017 | 16 replies
To best avoid the cash-killing "Capital Expenditures" you have to pick the right type of house, find the right tenant, and take other pre-leasing measures that will reduce your long run turn costs.
22 March 2016 | 4 replies
You could lose money when you add in a very good chance there will be some major capital expenditures in the next 5 years.
24 January 2024 | 4 replies
Can I prohibit say unnecessary expenditures?
16 January 2023 | 13 replies
Based on the income and expenditures The ratio is projected to be 1.65.
15 May 2019 | 5 replies
If you figured in a percentage for vacancy factorrepairs & maint. reservecapital expenditures reservemy cash flow would be lower, but like I said I don't touch any of it as I don't need to right now in my career.You don't have to move either to get into other markets for better cash flow, as technology can take care of that with various services.
16 May 2020 | 156 replies
Also be sure to set aside 5-7% of rent each month for repairs, vacancy, capital expenditures, and 10% for management.
2 January 2021 | 8 replies
You’ll need to set aside a percentage for capital expenditures (water heater, HVAC, etc) i have generally heard about 10% of the rents is a good number!
12 December 2022 | 57 replies
So 250 for monthly rents plus 100 for 2500 placement fee spread out over 24 month period)Turn cost: 3% or roughly $75-85/mo assuming $2k of repairs necessary to turn it Vacancy: 4% or roughly $100/mo assuming 1 month to locate and place tenant in 24 month term Insurance: 4% or roughly $100/mo (using one of my properties as example here)Property taxes: 9% or $225/mo (using on of my properties as examples)Capital expenditures: 3% or $75/mo (amortizating roofs, hvac, water heater, etc… over their useful lifespan)Operational expenses: 10% or $250/moSo technically 46% in total.