Nick M.
Amount Reserved for CapEx
Hi guys,Curious, what figure/percentage are you carving out for future CapEx (new boiler, roof, etc).Thanks!
Brett Harrison
Analysis of a deal, what % to use?
I am in the process of analyzing deals and have been using the four square method as seen in a YouTube video posted by Brandon Turner. My question is, how much should I be putting in for Cap ex, vacancy, and repairs? ...
Lupe Santiago
Individual doing hard money lending in California
Hi, I'm in the process of obtaining my CA Broker's License to start my hard money lending business, but I have not yet gotten it. I have a contact in CA and he is a flipper (with his own LLC) that needs money to finan...
Jessica H.
Property Manager Fees & Income Tax
Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...
Jorge Abreu
📄 Performing a Due Diligence
It typically involves the following steps:
1.Seller Deliverables. Request a detailed list of documents and information from the seller, including financials, leases, contracts, capital expenditures, surveys, environm...
Eric Kirkham
Fix and flip turns into seller financing.
Investment Info:
Single-family residence fix & flip investment in Taylorsville.
Purchase price: $350,000
Cash invested: $65,000
Sale price: $470,000
Purchased this property off market. The ho...
Joe Mazur
inspection help please
I am under contract on my first rental (finally). Now the real fun, navigating all this new stuff. The purchase is cash, as is where is. Any tips for picking who does the inspection other than price? I of course...
Samantha Magina
Investors are asking me (seller's agent) what repairs are needed?
Hi All,
Is it normal or appropriate for an investor to ask me, the seller's agent, what work needs to be done to a property and what the ARV would be? I'm happy to show them the property, discuss what improvements t...
Matthew M Spolsky
First Purchase - is a $30k renovation too large for a newbie
I've got a deal I'm ready to move on. I've analyzed it every which way and have my numbers firm for the mortgage. The CoC ROI is between 12 and 18% depending one how much is offered. But I am factoring in a $30k renov...
James Wierzba
Help analyzing my first MFH rental purchase
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...