Michael Narup
CapEx estimation on a Condo
Hi BP!
I am trying to evaluate how large CapEx should be when evaluating a property if the HOA includes the roof and siding. My rough rule of thumb has been 10% of rents for newer single families and 15% of rents for...
Rod Coleman
how to estimate repairs effectively
Estimating repairs is a difficult thing I've been doing research on it but there is no exact science. does anyone have any quick idea on how to estimate repairs.my assumptions arebasic bathroom 4500 to 6000kitchen 500...
Clayton Moss
Estimating Cap Ex and Vacancy
I've been looking at some small multi family units in North Florida. During my analysis, I guess on the percentage estimate for repairs, vacancy, cap ex, and management. How do you all estimate these figures? In my op...
Zachary Schimenz
How to estimate insurance cost?
I'm currently analyzing properties, and trying to get accurate numbers for insurance cost.So first I tried requesting quotes online from various companies, but I'm realizing those are for personal properties, not inve...
William Bryan
Estimating Insurance Costs - Best Practices
Hi everyone! I've started the research phase of my real estate investing journey over the last few weeks with the hopes of diving in soon. I'm hoping for some insight into insurance costs. I've been evaluating deals a...
Luka Jozic
Help with BP Rehab Estimator
I am doing research to prepare for my BRRRR endeavors and will also just about start J. Scotts books on the topic. I came across the BiggerPockets Rehab Estimator and tried to use it on a random property in Ohio. Ther...
Account Closed
Estimate for SMOKER Rooms Renovation
One unit in the duplex, which is two beds and two baths is a smoker room- and I’m looking to get it renovated, but I don’t want to get ripped off by contractors. What is an average estimate to rip out the carpets and ...
Eric Starks
Rentometer and BP Rent Estimator
I typically use the BP's rent estimator when It give a high or vary high confidence level on the rent when I am doing my deal analysis. Otherwise I use rentometer. Rentometer typically gives a 25th percentile, avera...
Michael Lee
Tools to estimate rental price
Hey BP members,I just finished purchasing a house and want to rent it out. I'm wondering what tools I could use to estimate rental price and then I can set up a good rent price. Thanks in advance!
Steve Uhlig
Estimating Maintenance & Capex Reserves
Good Afternoon Investors, I am looking at 1-4 unit properties in the suburbs outside of Philadelphia, Pennsylvania. My question is centered around estimating maintenance & capex reserves when analyzing potential ...