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I have bought four properties in the past year and prior to purchase, ran all numbers based on budgeting 10% for repairs and 10% for CapEx expenditures. These were acquired via turnkey, so in nearly all cases, all big...
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First time landlord to be. I'm looking to forecast and budget for 1) capital expenses relating to big ticket items (roof, hvac, appliances, unforeseen etc.) and 2) ongoing repair and maintenance costs. I've searched t...
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We have a 2 unit property under contract for 59,500. After going through the entire process to try and obtain a DSCR loan we were denied at the last minute. lender stated the entire property would need to be painte...
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Can a landlord keep deposit is lease is violated in any form? Drug and illegal substance left behind on table, multiple noise complaints before they left... other things were broken within the agreement
I applied for a cash out refi on my primary residence. Good rate. Slightly higher monthly payment than what I currently pay, but a massive cash out amount due to appreciation, that I intend to use for REI.
I still...
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What are your "must have" items in your lease agreements? Tweaking my lease before signing with new tenants. I definitely learned a lot after last year, but I figured you all would have some items that may be helpfu...
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Hey BP, I had a question on saving for expenses. I understand from the podcast and reading how important it is to account and save for Vacancy, Repairs, and CapEx Expenditures in Buy and Hold Rentals. The BP calculato...
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TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Mai...
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Hello, the property has been inspected & appraised twice. Now as we are nearing COE, the seller is asking for walkthrough waiver. Is it normal? I'm out of state investor...anything I should keep in mind here?Thank...
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Has anyone bought on roofstock yet? If yes, how did the process go. Looking for some reviews. Thx!