
25 April 2019 | 5 replies
Window is currently not egress, but can certainly be replaced if needed.There is a walkout door right next to the window, so I’d imagine, that is what is necessary for an emergency.Front side of basement has another window (same size as back), and has a view to the underside of the porch.
18 April 2019 | 5 replies
But won’t say it’s gonna cost you x amount to replace the laminate counters with granite.

8 May 2019 | 21 replies
A better method than using percentages in my opinion would be to total up everything you think the property will need to have replaced during your hold period for example 1 roof, 2 water heaters, 2 floors, 2 furnaces etc., 1 driveway, 1 porch, 20 windows... whatever Capex you anticipate doing while you own it, and total that up then divide the number by the number of months you plan to hold and use that as your Capex allocation instead of a percentage of rent.

1 June 2019 | 7 replies
**Update**The buyer backed out of the sales contract when the roof (previously deemed good by contractor) came back that they are asbestos tile and needs replacement.

19 April 2019 | 0 replies
Purchase price: $15,000 Cash invested: $8,600 Sale price: $74,500 2000 mobile home; 1152 sf; 3/2; 2.88 acresWe did minimal rehab - replaced a toilet, painted, replaced carpet with laminate flooring.

23 November 2020 | 8 replies
Based on what I learned about 1031, our replacement property should have a value of 900K or more and the net proceeds we will get and need to invest should be around 550K.

7 May 2019 | 6 replies
Even though we replaced the flooring, I thought maybe a couple dead ones got kicked up from last time.
23 April 2019 | 7 replies
I believe that the HOA requires cedar shake roofs for all houses in the neighborhood, which is costly to replace.

11 July 2019 | 7 replies
There is no replacement for this.Keep in mind that most online campaigns end up converting at 1-2%.

24 April 2019 | 9 replies
Single and small multi both have their merits- i prefer small multi :)Also, here's a section of a post I just made on another thread about a more detailed method of cap-ex calculation:Truly, the best method for the over analytical, is to segregate the cost of replacement vs. remaining lifespan of each component of the property & find out how much need be budgeted yearly until replacement of that component comes due.