Is there a formula for budgeting for preventative maintenance and repairs.

Has anyone hired this company for repairs in a fix and flip?

We will compensate our realtor $300/lease to show and handle lease signing and coordinate with handyman for any minor repairs and reach out to others when more specialized repairs are needed.

A group of investors offered me $170K for it pending inspection.House #6 is a 2 unit property bought at auction in 2016 for $25K and another $5K in repairs.

Maybe the listing photos are ugly.Killer cash flow is contingent on renting something to someone (income) and the property not drowning you in repair bills (expenses).

I never thought poorly of my LLs or PMs, unless I made numerous repair complaints that were never addressed. 

b) typically a HML is using some other investor’s money.....the investor makes the interest, the HML makes the points. 2) the 65-70% BML’s Lender is 65-79% of the ARV....value after the house is repaired.

Also if the building needs repair or is already rented will factor into the loan amount, terms and interest rate.

Just for further clarity:The property is currently rented and does not need any repairs that I am aware of.

Here is what I got when I tried to post Jacob's phone number: Posting contact details such as phone numbers or email addresses outside the Marketplace is prohibited.I have a friend, Jacob Mejia, at Ameridream who may be able to help.