As I've been thinking about how much to set aside for CapEx/maintenance expenses, I keep coming back to the questions of: "How much should I really be spending on X?" It isn't a matter of questioning the percentage of...
I'm a very new investor currently in a hot market hoping for some experienced advice on my first deal. Hopefully I found the right place! THE STORY:For the past year I've been working as much as possible and saving e...
Hi All,Long time listener and lurker, finally about to pull the trigger and make an offer on my first property (a duplex in a semi-rural town in the pacific northwest).Numbers:Mortgage: $570 (with 20% down, $28,000)In...
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...
Hey there! So I have a current duplex that I am completely renovating and there are existing gas lines in both units.Do you go with gas stoves or electric stoves in your rentals? I can see potential hazards with eithe...
Long story short, I had a repair guy come out to repair a washing machine. While he was trying to fix it and stepped away, apparently my tenant touched a few things and shorted washer AND dryer, making both nonfunctio...
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*This link comes directly from our calculators, based on information input by the member who posted. I feel like we are doing something wrong with the calculator. We have done about ten o...
Wanted to see what others are doing or have done as far as providing appliances ( some or all).1. Do you provide some or all.2. Does that help or hurt you as far as improving marketability or increasing repair expense...
I am looking to buy my first investment property and for this area (Surrounding DC area and Northern Virginia) the only thing I can afford is a 2bed/1ba condo or smaller. I am having issues estimating how much to put ...
A few thoughts. How much should I expect to pay for a coin-op laundry machine (washer &/or dryer)? Is it okay to go with a used one?
What kind of revenue can I expect per machine? I realize this will depend o...