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Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
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This is fascinating:https://resourcecenter.secure.force.com/pbs/Proper...http://www.gsa.gov/plumislandContaining approximately 840 acres, the island boasts sandy shoreline, beautiful views and a harbor strategically ...
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I have one SFR where I am currently doing the management. Every couple months I make an appointment to pick up the rent in personal and do a very quick visual inspection on the property. I also drive by a couple tim...
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I currently self-manage my 7 rentals and want to keep this portfolio growing, while still self-managing. The key? Minimize annoying service calls and long term repair costs! Please help me add to this DIY preventative...
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Are you boarding up the windows for your tenants and delivering them sandbags? These are the request I’m getting
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As a landlord, I dread the periods of time when I have a vacant unit to fill. Not because of the money or time involved, but because I know I'll have to post my phone number on Postlets.com and Craigslist and wait for...
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I am trying to learn more about Section 8. I know that it is guaranteed income because the government guarantees it. However, what are the chances that the tenant trashes your place? If they mess up your place then...
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I'm looking at a duplex for $170,000. Rent is $700/unit. My monthly cash flow would be ~$458 after utilities. Leveraged ROI is 16.2%. However, the CoC ROI ran in BP would only be 12.61%. Worth it?
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Hello BiggerPockets Community,
So a small introduction, the name is Joseph, I am 34 years old, born, raised and currently living in Brooklyn, NY. I have been working really hard the last few years to earn/save money ...
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Hi,
My tenant just discovered that three different ceiling lights with led bulbs in hallway are on her electricity. I do not have anything in lease that says anything exactly on who pays for the hallway lights. She ...