Bobby Sharma
WORST cities for permits, code enforcements, city inspectors
26 August 2024 | 28 replies
I got the last window of the day (even though I asked for AM), a 3 hour window noon to 3.
Neeraj Shrivastava
Overcharged by water restoration company
4 June 2024 | 5 replies
Luckily by googling got this foram to ask question so posting my query.
David de Luna
[Calc Review] Help me analyze this DUPLEX deal
22 September 2018 | 0 replies
Not the cash flow I was hoping for. Am
Amber H.
What constitutes a "livable" property?
23 September 2018 | 3 replies
I know some of it will depend on what the market calls for. Am
Michele G.
Help! Possible first flip or BRRRR - worth it?
3 April 2018 | 0 replies
What red flags should I look for? Am
Danny N.
What Type Of Loan Am I Looking For And What Banks Can Help?
10 October 2017 | 3 replies
When I go into one of these smaller banks and go over what Im looking for am I looking for a loan with a 30 year amortization or are they typically shorter term loans?
Annette Ross
What is the Market in Dallas-Fort Worth Doing
25 May 2016 | 2 replies
Let's say I am able to resell in 1-2 years and resale is $10-20k more than what I bought the house for, am I ahead financially despite the closing costs on the buy and sell?
Kevin Jennings
A couple of rookie questions
15 October 2021 | 29 replies
Even in my current house/neighborhood, I couldn’t imagine people being willing to pay 1% of what homes are currently selling for. Am
Stephen M.
Neighbour Non-permitted construction on my property
22 October 2020 | 9 replies
And the last thing we want is to be forced to give the neighbor an easement or rent for a construction they never surveyed and applied for permits for. Am
Kris L.
Is everyone seriously underestimating Capex?
2 April 2020 | 12 replies
Being a newbie, I may have some numbers that are a bit off, and if so, feel free to challenge them.So I have seen people assuming Capex of 5-10% of the rent, which would equate to $85-170/mo for a 1,500 sqft 4br/2ba with no garage.When I run the numbers though, I get: $328mo, or just over19%, so I wanted a sanity check.I calculated the following (installed costs):Water heater- $1,000 per 10 years =$8.3/moDoors(8int)- $2,400 per 25 years =$8/moCabinets- $5,000 per 20 years =$20.8/moCounters (gr)- $4,000 per 25 years =$13.3/moBacksplash- $2,000 per 25 years=$6.7/moFridge- $700 per 20 years=$2.9/moOven- $500 per 20 years =$2.1/moMicrowave- $300 per 15 years = $1/moDishwasher- $400 per 15 years =$2.2/moGarbage Disp- $200 per 10 years=$1.7/moWasher- $400 per 15 years=$2.2/moDryer- $400 per 15 years=$2.2/moSiding- $12,000 per 25 years=$40/moA/C- $5,000 per 15 years=$27.8/moDoor(Fr)- $2,000 per 30 years=$5.6/moDoor(Back)- $750 per 30 years=$2.1/moRoof- $7,500 per 20 years=$31.3/moTile (500ft2)- $6,000 per 20 years=$25/moLVP(1000ft2)- $5,000 per 10 years=$41.7/moPaint (int)- $4,500 per 5 years=$75/moGutters (200ft)-$2,000 per 20 years=$8.3/moI would probably need some $ for driveway, exterior paint and landscaping as well, but overall with what I have included, it seems 2-4x more then most people even budget for. Am