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3 January 2025 | 10 replies
I've been an excellent student of calculating repair costs and ARV.
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1 February 2025 | 56 replies
During times of uncertainty, lenders stop lending, or they increase underwriting requirements, or the property hasn't gotten to the "repair & rehab phase" and isn't "lendable" and so on and the DOS is called.
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31 December 2024 | 8 replies
This plan covers 24/7/365 troubleshooting services from Lula's experts (such as guidance on resetting a circuit breaker), tenant coordination for scheduling repairs, and access to a network of vetted professionals.Once you're subscribed to Lula, you can set aside a pre-approved amount for repairs, which can be used without needing to contact you as well.
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2 January 2025 | 1 reply
The second property will need 25k in repairs, and rent for 1350-1450 monthly.1.
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11 January 2025 | 67 replies
Class C and D areas/properties will always cash flow better on paper, but on paper things like extra repairs, turnover, evictions and such are often not taken into account.
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30 December 2024 | 3 replies
We are splitting up capital contributions at 50%, but see having different involvements in the repair process.
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3 January 2025 | 2 replies
And you need to keep detailed records of all repairs and improvements.
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5 January 2025 | 18 replies
I find that cash flow is very important so that I don’t have to come “out of pocket” to pay for major improvements / repairs
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9 January 2025 | 44 replies
to BRRRR something, you need a goldilocks property - something distressed enough that it can be bought substantially below market, but not so distressed that it can't be repaired.