
11 June 2018 | 3 replies
All basically said the same thing - It would require some digging to determine the cause and a plan for repair.

14 June 2018 | 14 replies
Your capex/vac/repairs is pretty high, so if you lower that to 15-20%, that should provide that minimal cash flow, unless the place does require quite a bit of capex/repairs after your reno.
12 June 2018 | 23 replies
I don't like $850 rents on a house because a single repair can eat up months of cash flow.

11 June 2018 | 9 replies
I am hesitating putting them down as I doubt anyone will believe me anyways.ARV $320KCost of Repair...Purchase Price...When I am done with this one and we sell it, I will share these details.

15 June 2018 | 6 replies
Take for instance I deal I'm running right now - Duplex (we'll occupy for the first year, but running numbers for when we move out)Purchase price: $190kTotal Rental Income: $1750/mo10% down: $19kClosing costs: $6kTaxes: $357.08/mo ($4,285 annually (6%)Vacancy/Repairs/Management: $350/mo (25%)Monthly Cash Flow: -$53It's sort of disheartening.

11 June 2018 | 0 replies
I have experience managing most other parts of build/repair, but not foundations.31x26 square feet.

11 June 2018 | 0 replies
The biggest hurdle I have found is finding someone reliable to make repairs.

15 June 2018 | 26 replies
Sure, the cost to reno and repair may be more, but over time what would be better to provide more significant cash flow, -- stating that all these provide similar cap rates, repairs, etc. -- I assume the 24 unit.
11 June 2018 | 2 replies
. $3k for the bathroom, $2k to paint, $4k to repair the fencing and $1k for blinds, outlets and closet doors.

21 June 2018 | 4 replies
Both structures have their separate utility meters.The main house was leveled in 2003 so that will need to be taken care of; 4.5k. 1.5k for drywall repairs after the house is leveled.