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21 March 2018 | 3 replies
Are you looking for someone to do full-scale remodels/flips, or more just someone on call to do any necessary maintenance and repairs that come up?
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12 March 2018 | 2 replies
If they damage it while they're there, they pay for the repairs.
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12 March 2018 | 2 replies
They do not care what you put into Capex/repairs and management (it just is a place they can hit and defending it is a waste of time).
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12 March 2018 | 3 replies
The roofing company came out at least 3 times (about every month) to do repairs and leak never stopped.
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12 March 2018 | 1 reply
After repairs and say you have full occupancy, you will cash flow about 700 a month depending on your loan.
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13 March 2018 | 8 replies
I was wondering if anyone had a checklist or tool that they used to get a rough estimate for repairs?
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13 March 2018 | 6 replies
.$2,000 to make Ready Home (750 sq foot, 1 story home) ________________________________$95.00 - Landscaping / Clean Out Flowerbeds$150 - Exterior Painting$150 - Landscaping / Tree Shrubs$250 - Haul Off (Limbs, Tires, Furniture)$225 - Full House Cleaning (One Story)$495 - Wall and ceiling repairs/Paint Touch up the house from nail holes and scuff marks Seal the joints in the bathroom Walls, trim, and doors touch up Seal above the kitchen cabinetsThis all seems excessively high to me... isnt this $15/hour work with a handyman?
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16 March 2018 | 0 replies
Is it possible for them to get some sort of concession for having to miss work in order for landlord to get the repair done?
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16 March 2018 | 2 replies
Then you need to put $200,000 of repairs, so subtract 200,000 from 420,000 and you get $220,000.This is the max amount you could offer on the property to get your cash back out, and you're not even factoring in closing costs and holding costs.
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24 September 2018 | 31 replies
BiggerPockets' rental calculator indicates it should cashflow $7500 per month after all expenses (including HST on short-term rental income) are input, assuming 3% vacancy; 4% repairs; 5% CapEx; 8% management and assuming appreciation merely keeps pace with inflation.