I currently have a 3 bed 1 bath under property. This is my first deal, and I am unsure of whether or not I should spend on big cap ex items now or later. I will be living in it for a year before I turn it into a renta...

Hello all, in podcast 36, Kevin Perk discusses a move out letter he gives his tenants of what they need to do in order of get their security deposit back with costs if they don't do what is required. Does anyone have ...

Hello! My wife and I are looking to start flipping houses (we’ve been discussing it for over a year). We see our first prospective property this Friday. What advice do you all have for first timers? What general items...

Hihihihihihihi....Would anyone be able to send a few thoughts on how to use the Rental Prop Calculator to analyze a seasonal vacation renal. I'm doing this for my mother who owns a condo in Cape May, NJ. She often has...

Property walkthrough  
Hey everyone! I just closed on my first house Friday and am doing all of the work myself with my step dad. He has been working on properties his whole life so he’s a great resource and partne...

Hi all,I had a bookkeeping question for you buy-and-hold folks out there. This is probably a very basic question for the pros, but I'm  am just about to wrap up my first official year as a formal landlord, and wanted ...

I have a newer home that has been treated badly, but the issues are mostly cosmetic. I need to do a rather quick assessment to see if it’s worth putting in an offer, and to make sure that it’s the right offer if I do....

Hello,I'm getting ready for my 1st property and I want to build a solid model for future investing. When do you stop saving for repairs? For example a 3BR 2Ba , I save 8% for CapEx and eventually I have $10,000 save...

It seems to me that Cap Ex is a very important part of evaluating a deal which investors tend to under-estimate. My current rule of thumb is to plan $1,000/year per unit.First- do you agree with that as an estimate?Se...

I see a lot of stories about how rehab typically takes a lot longer and is more costly than people anticipated. I work for a very large contractor (commercial restoration and strengthening) and wanted to share some th...