Brandon Boogren
Cap Ex for Townhouses with HOAs?
What percentage do you put towards Cap Ex when purchasing a townhouse for a rental? I am practicing analyzing deals with the BP rental property calculator. I found a townhouse that cashflows ~$200/mo if I remove Cap E...
Jean-Thierry Aleman
Purchasing a bank owned rehab project for first time.. What traps do I need to avoid?
Hey BP family,
I am currently going after a bank owned property with significant neglect and damage. It has an old ugly pool. The roof needs replacement, The wood siding outside the house is destroyed. The list goes...
Account Closed
When to replace a Roof?
Ok so I am buying a property that will need a roof repalcement in the near future 6-12 months but who knows to be exact? I checked the attic out and there are no leaks or any signs of it potentially damaging other as...
Nelson Van
Questions on investing into condos
Hey there you guys...I’m looking into buying my first rental property and I’ve been running numbers in my area and have a few questions to see what you seasoned vets would think. These are strictly questions for buy a...
Account Closed
Need Help Analyzing a Condo for Rental
Considering buying my first condo to use as a rental and I want to make sure the numbers I'm using are accurate. The source I've plugged my numbers is from an online website. The numbers are based on MLS listing, simi...
Matthijs Pol
HOA fees cost renters pay or me?
Hey hey! I’m looking at a property that has $250 a month in HOA fees, it covers the outside of the property, lawn maintenance, trash and water. I think $250 is a whole lot of money. Would the renters cover that or wou...
Austin Irwin
Help with budgeting maintenance, capex, and vacancy for a SFH
Hello BP community,I was hoping for some insight regarding budgeting for maintenance, capex, and vacancy for a SFH in Shippensburg, PA. This is my first rental, so I am a newbie. I have read that a popular rule is 5...
Andy Wilson
How would you define Over-leverage?
Hi BP,I realize again the importance of avoiding over-leveraging especially in this unforeseen recession crisis. I thought I would never leverage more than I can handle (pay them all back) in the worst situation, but ...
Chase Gochnauer
Vacation rental in Aruba
Hello! I just purchased my first vacation rental in Aruba in the Opal neighborhood in Noord. Any other Aruba investors here?
Anna Buffkin
Capital Expenditure PSA
More than once I have warned new or would be landlords that buying the property is the easy part. Owning and maintaining is the hard and expensive part. I was reminded of that first hand this week.My tenant called...