Lisa G.
Plumbing/toilet issues
13 January 2014 | 12 replies
What type of repairs and/or "reinforcement" should I consider, or has anybody had this issue?
Johnny Aloha
If it's a great deal, why hasn't someone else bought it?
28 December 2013 | 12 replies
It's in a good area and pretty good condition with minimal repairs needed and all appliances convey.Rents should be $1400-1600 range.
Matt R.
has anyone gone with polished cement in their rentals?
7 January 2014 | 22 replies
Concrete may not cuddle to your toes in the winter, but the last time I had to do major repairs on concrete it took 48 hours and cost about a hundred bucks.
Gunnar Teltow
First two deals under the belt!
26 January 2014 | 24 replies
Keep in mind you still have taxes, insurance and repairs even on properties not currently rented.
Greg Meech
Buying newer homes to rent
29 December 2013 | 9 replies
I cash flow $146/m with no turnover, no repairs, and I manage myself.
Matt Todd
Is putting properties in an entity worth it?
29 December 2013 | 12 replies
Wait until you have an extended vacancy or a major repair.
Kevin Olson
Local REI or Out of State??
27 October 2014 | 17 replies
Using the 50% rule and a new >$800 PI payment you are ranging from several hundred negative cash flow to maybe $100/month if you happened to score one of these deals in a slightly higher end town.Obviously if you just did $50K of rehab you should cash flow much better than this the first several years as repairs and capital expenses should be low, but in the long run you need to account for them.
Chadi D.
First B and H analysis
31 December 2013 | 9 replies
. $85 repairs + $150 Misc(I read that as Cap Ex and General Maintenance) looks good.
David Lee
Does this sound like a good deal?
26 January 2014 | 9 replies
Are the occupied houses in good shape or will there need to be repairs on them as well?