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Results (10,000+)
Mark Feaver Am I Missing Anything?
9 March 2020 | 2 replies
My capex budget includes but not limited to: roof 25 year life span, floors normally 10 years but tile will be 20 or 25 years, appliances and hot water heater 12 years, hvac 20 years, bath and kitchen remodel 20 years, etc.
Seth Murray How Much Savings Should a Newbie Investor Have For First Deal?
7 March 2020 | 4 replies
For any rehab, I think you should also have a significant contingency budget.
Michael Vu How Many Issues is TOO Much to Make a Deal Not a Deal?
9 March 2020 | 45 replies
I love the mentality of just getting on-base, Michael, so that you can get into the game, but this is looking awhole lot like you're leaning your head into the strike-zone hoping to get hit by a pitch that might do more damage than you realize.Somebody else mentioned it already, but what you have budgeted for Repairs, Vacancy, and CapEx just won't cut it on a property of this vintage.
Jack Everett McMichael How to find your Mentor Figure?
8 March 2020 | 3 replies
They might not be comfortable with you collecting the rents but atleast seeing the day to day stuff and the budgeting so you see where the expenses are. 
Rachel Zhang Any brave CA apartment investors after July 2019 rent CAP passed
10 March 2020 | 4 replies
Basically, you need to budget in for a month of loss of rent.
George Tiglianidis Bought at $525k. Just appraised at $790k!!
4 April 2020 | 16 replies
Our home was put on the market for $629k and before we made it to open house we had 2 private showings and multiple offers came in and we agreed on the best offer of $640k and a flexible closing (because we’d be rehabbing the new home).The rehab went over budget and longer than expected and while we did agree to a flexible closing, (we did extend 3 extra weeks) we could not afford to hold 2 mortgages much longer so decided we had move out.Moving day came and we moved out of our home and some furniture went into the finished rooms and the rest went into a POD.Where did we go?
Account Closed [Calc Review] Help me analyze this deal
9 March 2020 | 2 replies
If your ARV and reno budget are accurate, this could make a good flip.
Quentin Collins How Do I Verify Private Lenders
10 March 2020 | 2 replies
The rehab budget is 30K, but I have not been able to find a hard money loan for that low of an amount.I have been reaching out to private lenders, and I am having a lot of them hit me up on facebook, but how do I know who a legit lender is?
Theo Humphrey BRRRR in Houston TX first time investor
8 March 2020 | 3 replies
I will take your advice a get quotes prior to closing to make sure I stay in budget.
John Sherwood 4 Plex... focus on cash flow, cash on cash, cap rate???
15 March 2020 | 11 replies
You need an actual budget based on condition, guesstimates are usually fine, as long as you have a list of itmes they will average out.