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26 January 2023 | 25 replies
Price/ door is reasonable but a lot of houses in the the area seem to need quite a bit of work to make rent ready.
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1 August 2018 | 12 replies
You're going to need a realtor, a property manager if you don't plan to manage yourself, a lender, a broker for commercial deals, an attorney, an accountant.
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11 August 2022 | 7 replies
One thing to keep in mind is that if people are coming in and out there is going to need to be more repairs.
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25 November 2022 | 16 replies
This deal needs about 350k, you only have 100k, IMO you are going to need at least 60% down .
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30 April 2018 | 11 replies
I would probably not grant this accommodation myself unless, to @Ned J.'
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23 April 2017 | 15 replies
I have taken decisive action to learn all that I can during the rebuilding process to help strengthen my investment muscles.
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14 July 2018 | 16 replies
For properties that are basically turnkey, already renovated, and appear to need very little work, I've been allocating 10% of monthly rent to cap ex and 2.5% of rent for simple repairs.For a property that my partner and I will look to renovate ourselves and will have everything new (basically a gut job), we are allocating 10% of monthly rent TOTAL for cap ex and simple maintenance/repairs.I know every property is different, but I am curious how you savvy investors on BP calculate cap ex and maintenance/repairs?
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19 November 2019 | 84 replies
While I understand your hesitancy, it could be legit... if I were your Realtor I wouldn’t be doing any of this via text or written media, I’d be getting them on the phone and listening to the tone of their voice, and asking questions in real-time to feel out how legitimate this is.
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15 December 2022 | 5 replies
Some of my goals in Real Estate are to be busy enough to need an assistant, to have a series of income producing properties, and to help veterans get homes specifically.
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20 December 2016 | 13 replies
BP has an estimating costs book that comes with spreadsheets, but you're still going to need to know your local costs...