Ryan Cleary
How much should I set aside for capital gains?
I currently own a duplex, incoming rent after management fees comes to $2256, mortgage is $1252. I obviously am setting a good portion of the cash flow aside for futureExpenses but how much should I be setting aside f...
Zack Welch
How much money should I set aside for maintenance?
I recently inherited a triplex where I live in one unit and rent the other two. The property is payed off and I would like to begin focusing on buying another property. How much money should I set aside for expenses s...
Kendall Short
Setting Aside Funds For Cap-ex, Repair, Vacancy, etc.
Hey BP,
So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.
My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...
Billy Archer
What do you set aside for capex and repairs?
Do you have a rule of thumb when you’re searching for buy and hold deals? Are you setting aside 10% of prospective rental income for capex and 10% for repairs regardless, or fine tuning it based on factors like the ag...
Ricky Sabogal
How much to set aside for a new roof?
I am analyzing a fix and flip property in the Hampton Roads, Virginia area. I went to see the property and while I think 80k renovations to turn this property around is reasonable, it needs a new roof. In looking at...
Jeremiah Russell
Setting aside reserves and expenses monthly or creating lump sum?
Which scenario is better? Scenario 1I have a rental home where I set aside 35% of my rent each month for vacancy, repairs, capx, property management, etc. The rest of the rent goes to paying down the mortgage, and m...
Austin Copas
How much do I set aside for expenses in Texas?
Hello, I'm Austin I was wondering how much money I should set aside every month for the different utilities and expenses. Since I am too young to legally own a multifamily property myself I am going through LoopNet an...
Shannon Brill
Recommended amount to set aside per unit for mx/repairs?
Anyone have recommendations for a simple calculation/percentage on how much money to have on reserve per unit for basic maintenance and repairs? Thanks in advance!
Steven Archer
Pulling out/setting aside $50K home equity on primary residence
I currently have enough equity in my home to comfortably do a cash-out refinance for $50K. I do not have any deals lined up in order to put the money to use right now, but I am thinking that since it isn't really doin...
Trent Reeve
Money set aside for Investment STR - how to evaluate purchase
What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...