Joshua Fass
[Calc Review] Help me analyze this deal
30 January 2020 | 2 replies
Keep in mind just needing to replace the roof one time within the next 10 years or so could wipe out whatever savings remains in your repair budget after paying for routine maintenance, leaking faucets, landscaping maintenance, snow removal etc...
Nicholas U.
Newbie Question - Cap Rate
25 February 2020 | 14 replies
That way, if the borrower(s) default they simply take the property back and hire a team of professionals to step in and replace the failed investor so the asset continues to churn out cash flow.
Suni O'neal
Offer accepted on SFH Hammond, IN, but should I bail?
8 April 2020 | 14 replies
one water heater replacement blows your cash flow for almost an entire year (although maybe you've accounted generously for capital expenditures like this).
Joe McGovern
Buying in rougher areas
24 February 2020 | 7 replies
The properties expensive items are generally not replaced and the seller is putting lipstick cosmetic on it like shining the outside of the car but the motor and transmission is fixing to go out.There are investors that can make these rougher properties and locations work but few and far between.
Joshua Harvey
Looking for contractors for bathroom remodel near Hayden AL
24 February 2020 | 0 replies
I need to replace a 1 piece shower with another or tile, there is also a spa next to it that needs tile or a backsplash.
Kalpesh Kamdar
Security deposit at the time of lease renewal ?
6 April 2020 | 10 replies
This leads me to believe that if and when she moves out, I will have to replace the carpet completely and also repaint the interior walls.
David West
1031 Exchange Scenario
24 February 2020 | 4 replies
You could just pay the tax but I'm thinking tax for a CA resident on a $200K gain isn't going to be fun for you.You could also simply buy multiple replacements to get to that $975 mark
Justin Denfeld
HELOC Funds First Flip
24 February 2020 | 0 replies
Purchase price: $310,000 Cash invested: $150,000 Sale price: $500,000 We acquired an off market 880 SF hoarders drug house built in 1926 with an unfinished basement and did a $150K renovation in which we had to replace EVERYTHING in addition to adding 750 SF by finishing the basement.
Justin Denfeld
HELOC Funds First Flip
24 February 2020 | 0 replies
Purchase price: $310,000 Cash invested: $150,000 Sale price: $500,000 We acquired an off market 880 SF hoarders drug house built in 1926 with an unfinished basement and did a $150K renovation where we replaced EVERYTHING in addition to adding 750 SF by finishing the basement.
Justin Denfeld
HELOC Funds First Flip
24 February 2020 | 0 replies
Purchase price: $310,000 Cash invested: $150,000 Sale price: $500,000 We acquired an off market 880 SF hoarders drug house built in 1926 with an unfinished basement and did a $150K renovation where we replaced EVERYTHING in addition to adding 750 SF by finishing the basement.