But you also want to make sure you have enough left over to make sure you have some holding costs should things not go as planned.

In 2019 an engineering recruiter named Sief Khafagi, who worked in Meta’s Los Angeles office, began posting about Scoutpads, a service he’d set up that connected users with developers to put money into real estate.Scoutpads wasn’t directly investing in properties.

You would be in an unsecured position and the cost to manage and service the loan (which is required by law but most ignore) would add a cost to youJust sell it at reduced price

How about we set up a quick Zoom call to explore this further?

If you can recoup your upgrade costs within a year, go for it. 

I use Baselane and even though it's very simple to set up accounts and to have dedicated credit cards for each property, I do have to watch very closely that the deposits and expenditures go to the right account so I don't leave myself short anywhere.

Just More closing costs? 

We were also looking at a TON of houses in the area so we knew this house was under what it should have costed.

Hey all,What numbers do you use when projecting repairs and maintenance costs for apartment buildings?

@Paige Kehoe cost vs time will be your biggest challenge!