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I’m having a hard time figuring out how to calculate repairs. I have a few of questions.1. How do you figure out what percentage you should set aside from your rental income per month for repair costs?2. In “The Book ...
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Write your postI just got an estimate for a complete new hvac system for a town home. (Heat-air and electronic dampening). $10,500.Investors, what are you paying in your area?
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How long would you typically wait for a flip to sell before deciding to potentially refinance and keep it as a rental. Listed a flip in early December and although it has received some attention (atleast 1 showing a w...
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Hi all. Some people seem to make the math pretty simple when calculating ARV to determine potential profit before purchasing a deal. What are some reliable/consistent methods that have worked for you? Thank you!
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Hi,How much would it cost to repaint a 3840 square foot apartment building? Best,EW
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Hello all - Anyone in Salt Lake have success finding a lender that will do a HELOC, or second mortgage, on a rental property (NOO)? At the moment I am unable to do one on my primary residence. Looking to tap into my e...
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I've only purchased two move in ready homes so far but I'm looking at a home thats been gutted on the inside due to a flood. My intention is to BRRR it. What advice would you recommend? What are good ways to save mone...
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Hello All,I wanted to post this "idea" of mine and gather everyones feedback. The neighborhood in which my aunt lives has decent size land plots, my aunts house is approximately 4000 sq. ft. In addition to this she ha...
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My IRA owns a note in second position on a house where the borrower is currently in a Ch13 payment plan. I have started receiving payments and will for the final 12 months of the plan. Last month, the trustee filed to...
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My first Airbnb is a lakehouse. I’m curious if there is a way to rent the boat I own with the house. Or if there is a good third party app to use when I offer the boat for rent while they’re vacationing at the house.