
21 July 2018 | 12 replies
(ARV x .65) - repair costs, holding costs, etc = Max OfferStarted my career with this formula and if you can stay disciplined enough not to violate it there's plenty of readily available capital to borrow.Go get it dawg!

20 July 2018 | 14 replies
Remember to use this bank account for business expenses such as meals, car repairs, gas, tolls, business travel, home office expenses, and other items used in your business (i.e., iPad, laptop, etc.).

19 July 2018 | 5 replies
My thought is that if the 50k gain is immediately reinvested into rental stock, the actual net income is zero, but I’m almost sure I’m oversimplifying things.Assuming the answer is "no you cannot", is there any way to do flips to fund rentals that minimize current tax obligations (dumping 100% of proceeds into solo 401k, and then taking loans from 401k to fund the rental downpayment/repairs)?

30 August 2018 | 14 replies
After repairs the house will be valued at $250K.

19 July 2018 | 3 replies
Set aside something each month to cover for it when it does need repair or replacing.Hot water tank: 10-15 yrs max life, $650 if installing yourself, otherwise $800Furnace: also 10-15 yrs max life, $1500-$2000Roof: $7000-$17000+, depending on size and condition. 20-30 yrs max life.

28 August 2018 | 14 replies
how much cash flow would a property need- Depends on you, the number has to be over your PITI + vacancies + CAPEX + repairs + other potential costs you can projectWorst case scenario, how low would rent get?

19 July 2018 | 5 replies
Pete with Innovative Basement Solutions is very knowledgeable when it comes to foundations and foundation repairs

19 July 2018 | 3 replies
Or after all turnover repairs/fixes are completed?
10 August 2018 | 22 replies
From what I have read, however, competition for MF is getting pretty heated, so I guess you'll have to check your local market.We started with SF and that was nice because we could kind of gauge the maintenance, repairs, and capex expenditures from the beginning.

19 July 2018 | 4 replies
You might be able to do this if you found a place that was in need of some serious repairs to the entire place or to the 1 unit that you plan to keep vacant.