27 August 2018 | 3 replies
It's very outdated; there's a garage conversion for half of a 2-car garage that was poorly executed; kitchen/bathrooms need new countertops, tubs, appliances; flooring basically throughoutRents: 1300-1500 (trying to get to the higher end with my rehab==1450)Monthly Expenses: 756PM: 182Taxes: 210Vacancy: 112Repairs/Maint: 70CapEx: 70Insurance: 112Max Mortgage Payment: I used all these costs, with my hope to cash flow at least $100/month to back into what I should offer for the property (not considering CCR yet), with a 20% down payment.
23 August 2018 | 3 replies
I guess they'll not likely sell it for significantly less than they've listed it for, but if I plan on getting 1600/month/side, I feel like I could cash flow $100/door at a PP of around $305kAny thoughts around this would be hugely helpful!
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24 August 2018 | 4 replies
I have set a goal to reach 100 doors in less than five years.
23 August 2018 | 8 replies
Whether you need more bedrooms or more square footage or a garage, or you want a shorter commute.
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2 September 2018 | 7 replies
@Jeffrey Almonte So I can bang on their doors if they mess up.
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29 August 2018 | 8 replies
Closed on first 18 months ago, at 10 doors now, looking for more now and submitting offers frequently.2.
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18 March 2020 | 23 replies
I am currently investing in Bakersfield (sfh) but currently live in Los angles where I have my primary home and renting out a garage conversion.
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24 September 2018 | 2 replies
Let's take a look at door hangers / door knockers.
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25 August 2018 | 1 reply
Cost of turnover can vary from each door, depending on the previous tenant, and most of the time the cost can be offset by the security deposit.
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23 August 2018 | 2 replies
Things as simple as a front door, double pane glass, paint colors, type of paint etc all come into play.