Account Closed
Over budget by 40,000. What?!
Hi everyone, I'm currently under contract on a property I thought was a great deal. This is a standard 3/1 SFH with 1,200 SQ FT built in the 1950s. I got a bid from a contractor who has done over 600 rehabs. The estim...
Chris Stephens
Flipping Homes - 1. Budgeting Lesson
Hello BP!I thought it would be a great opportunity to start posting some of the current and past flips my team and I have completed. My goal by doing this is to allow the BP community to learn from our mistakes, conne...
William S.
Lawn / Snow Service Milwaukee Budget
How much should I budget for lawn/snow care for a Tosa duplex? The yards are small and I plan on keeping the lawn low maintenance but snow removal is another thing. Sidewalks, driveways. I haven't found anything onlin...
Stord Jacob
Down turn rentals, budgeting for.
Question: how do you guys budget for down turn rentals as like if we're in a bad economy, or tenants not paying rent. Is there a formula to keep liquid assets in reserve.?
Debra Grumbach
Local Budget Woes and Investing
Do any of you consider the financial status of the local government when considering where to invest? Especially if you are looking at buy and holds.The reason I ask is because Dallas is facing a huge financial issue ...
Alex Z.
Best way to budget insurance
When running the numbers on possible SFH I am using 20% over my primary residence insurance. I am investing out of state and live in an HCOL area and am looking in a lower cost of living area. Is there a better or mor...
Susan Tan
Southern investors: budget for mold
https://www.houstonchronicle.c... Mold is gonna be an even bigger problem that real estate investors & flippers will have to deal with in the Southern properties. Have you had to deal with mold before in your reha...
Caleb Anonimo
50 Unit Multifamily Development Budget
Hi everyone! I just acquired a site entitled for a 50-unit multifamily project. I am planning on building 25 studios, 12 one-beds, and 13 two-beds across 40,000 sf total, so three floors of residential on a concrete p...
Anthony Emberger
Budgeting Vacancy and Capital Expenditures
Hello everyone. This is my first time posting to BP as I continue my education into investing in Real Estate. I'm looking into purchasing my first property in the next few months after accruing some more savings to ei...
Felix Torres
Renovation Base Budget for Multifamilies
Hello Everyone,I have a few questions on renovations and long-term profitability.Do you have a base line on what you should spend on renovations?How do you develop your budget?Do you under or over estimate your renova...