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28 December 2024 | 1 reply
I'm at least moderately skilled in repairing them.
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8 January 2025 | 11 replies
Look into FHA 203(k) loans for repairs and down payment assistance programs in your area.
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26 December 2024 | 2 replies
What leads to the highest repair cost?
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3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
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29 December 2024 | 15 replies
To stay secure, I’d recommend saving 3-6 months of mortgage payments, budgeting for repairs, and possibly investing in a home warranty.
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31 December 2024 | 3 replies
The study could also identify the opportunity to capture additional benefits such as dispositions, and repair and maintenance expenditures.
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26 December 2024 | 7 replies
Subtract more for AirBnB charges, local management, repairs, cleaning, etc and there is not a lot left to pay the mortgage.
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19 January 2025 | 51 replies
A few others have called out Hemlane, who appear also quite responsive here on BP and also offer a degree of repair/work order management baked right into their middle/upper tier offerings (versus having to bolt-on as with RentRedi + Latchel).
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24 January 2025 | 15 replies
Be conservative with your numbers – When using a cash-on-cash calculator, I recommend budgeting at least 10% for maintenance and repairs instead of 5%.
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8 January 2025 | 10 replies
And that’s with zero vacancy, zero repairs, zero capex.