22 March 2018 | 5 replies
I own the appliances, so you're saying that I should be responsible for all repairs and replacements?

23 April 2018 | 4 replies
Any recommendations for plaster repair and painting for a rental in St.

25 March 2018 | 7 replies
Typically to meet my criteria my all in costs (purchase + repairs) have to be no more than 75% of what I have calculated to be the ARV based on comps I pulled.

26 March 2018 | 14 replies
What would you do during your analysis of repair costs for a property you’re interested in flipping from an out-of-state perspective?

24 March 2018 | 16 replies
@Amy Jo Holweger I’d say 200 bucks a month is fair after accounting for PM, mortgage, repairs, capex insurance and taxes

23 March 2018 | 12 replies
I purchased a historic 5 unit apartment building in Birmingham, AL and I am getting ready to start the work. I think my regular loan guy quoted me 20% down and 18% interest rate to get funds for rehab a while back. I ...

27 March 2018 | 6 replies
Length of leases, holding costs itemization, repairs in last 12 months, GOI and ROI, vacancy rate, who pays for what, etc.

2 April 2018 | 1 reply
Did you get the project completed for less than the amount you received from the insurer or do you want to claim more money from the insurer to cover the cost of the repairs?

26 March 2018 | 18 replies
I would do the repairs and rent it asap.

23 March 2018 | 2 replies
I might have them right but if I do then it isn't really a cash flowing deal so I would appreciate some more experienced eyes on this.Purchase Price $79,000Sellers is paying the first $2000 of closing costsEstimated Repairs $20,000ARV $120,000This is two separate homes on the same property both are pretty much identical.Conservatively looking at $650 a month rent for each so $1300/month incomeRDP Insurance $1668 annually for bothTaxes around $1200I am figuring 5.5% for all loan valuesUsing about $44,800 on a HELOC and $66,200 on a 25 year amortized loan.Figuring 30% for all repair, vacancy, cap ex, and property management My totals come up to like $46/month cash flow.