I am new to REI and want to know what do you budget for capital expenditures, and maintenance for a house that is newly built?I’ve read 5% for Capital expenditures, and 10% for maintenance. In your experience do thes...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $675,000
Cash invested: $20,000
This is my third deal. First small multifamily (duplex).
What made ...
I'm selling a rental property for $232,000. There is a $60,000 loan balance owed on it. After commission and closing costs and paying off the first, I will net $158,000. 1. Can someone clarify for me which of the abov...
Hello All, Ever since I had realized that the 10% rule for CapEx estimation is not always a good estimate, I've done my own estimations as to how much money should be allocated for CapEx in the Los Angeles metropo...
I Live in the Midwest and have a few Rental Properties with older furnaces, I mean 4'x5' Beasts, that are gas guzzlers not to mention they may quit at any time.
I've seen a lot of 10-15 year old Heil's, ComfortMaker'...
Newbie here. My HVAC needs to be replaced in my primary residence condominium. It’s still working but it needs to be replaced in the near future because it’s old. I plan on moving out in six months and renting it out...
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*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone. I'm brand new to the real estate investing world. I just upgraded my mem...
After months of looking and searching for an investment rental property, I am finally under contract for my first deal in Virginia! WOOHOOO! I couldn't find this question in the forums, so I apologize if I am repeatin...
Hey y'all, I know the home warranty question has been hashed out a thousand times and I have read a lot of the threads about. I think for most situations I would agree with a lot of y'all that as an investor and a lan...
I rent a house in Jacksonville, FL with two 14-year-old R22 type AC units, one for the downstairs and one for the bonus room upstairs. I understand starting January 1, 2020 I will not be allowed to make repairs that r...