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Check it out.......https://docs.google.com/document/d/1sznc5WkhNhsl7Y...Purchase: 67k Rehab: 33k Rent: 1125/mth
BRRRR: Refi with commercial LOC @ 85%LTV, Appraisal came in at 130kOn to the next one.....
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We are very frustrated. Some background- we live in a small town in a rural area. There isn't a very hot market here, especially for people who live here year round. We put an offer in on a foreclosed house we have ha...
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Fix-and-Flip Investing: Estimating the Repair CostsLet’s assume that you are new in the house flipping game. You probably heard a handful of advice from the experienced investors telling you one of the biggest and mos...
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10% vacancy, 10% cap ex, 10% management, 10% repairsOn all of my practice analyses, this is what I choose. Any suggestions or comments?
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Hi everyone.
Do you replace appliances (e.g. fridge, dishwasher, washing machine, etc.) only when they break, or replace them anyway after a certain number of years? I am thinking something like a fridge may take a f...
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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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Hi BP community!I am a relatively new investor in Fayetteville, NC. My first rental property is a 4 bed, 3 bath single family. Purchase price was $150k and current rent is $1,475. My analysis of the property is as fol...
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I understand that appliances have a "predictable lifespan". An oven/range typically have a predictable lifespan of 20 years. A tenant broke my 10 year old range. Am I only allowed to charge him for 50% of the cost for...
Hi!We are new investors looking for our first home to flip. We found a property that we are interested in acquiring but we are hesitant because the floors are sloped and weak in some areas of the house. The home was b...
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VacantProjected Gross Monthly Income: 24,000Cap Rate 7.5%Repair Costs: $300,00Good Location, on site laundry and storage.Has anyone sub metered electric and water and what is estimated cost and any information you can...