Typically, a full-time PM (especially when you're long distance) handles everything for you from advertising, screening, and placing tenants, as well as day to day stuff such as handling repair requests, collecting rent, handling rent court/evictions.

What is the market value after repairs or updates?

Hi Sacramento investors, I'm looking for resources to estimate repair cost for a flip. anyone wants to share their spreadsheet with current prices?

Sometimes not a major problem that needs repair.

So lets say I'm looking at a property (4plex) that has these numbers Purchase price: $175,000Estimated Repairs: $15,000Total cash needed: $60,500Annual Income: $33,600Annual Expenses: $26,606Annual Cashflow: $6,994 or around 11.5%CoCIRR after 10 years: 49% it seems the longer you hold the higher this goes?

Hello, what started out as initially looking into self storage facilities moved faster than anticipated and I now have a 100 unit facility with some flex space under contract.  

For example, sometimes I need 85K, then I find out I actually need 93K when I start repairs. 

Here are the numbers I have.Asking: 380,000Closing Costs: 5,000Down Payment: 13,300 (3.5%)Interest rate: 5%All 4 units are 2/1.5, with 1,020 sq/ft.Unit A: 895/monthUnit B: 880/monthUnit C: 950/monthUnit D: 950/monthCap Rate: 7.0If I include all 4 units, then after 5% vacancy, 5% repairs, 5% capex, and 10% property management, the property should cash flow about $75 per month.

If your purchase price, repair cost, ARV, and monthly rent numbers are correct, then this is just a terrible deal.

Hard surface floors throughout so some drywall repairs and a fresh paint with a few misc repairs.