What is the formula for percentage rate of ARV. I've heard the standard is 70%. But then I hear that rate may have to be adjusted. And please give example. Thanks

Hi BP CommunityI am started out in my buy and hold strategy. Put in my first offer, it got accepted.  But after home inspection, repairs were way more than i had expected.  So i asked for seller to pay for half the re...

I am a tenant and I damaged a part of the quartz countertop. The landlord is telling me to pay for the entire kitchen replacement as it is not repairable and the brand/colour is not available anymore.
I agree only on...

If you calculated say 200 a month in repairs and you make no repairs that month. Do you count that as cash flow or put towards cap ex? What are people doing in that situation?

Just curious, do you expect the tenants to clean prior to vacating the property at the end of their lease? And if they don’t, do you charge then a cleaning fee? Obviously if this is expected, it needs to be in the s...

This is probally a silly question for most, but ive always used a pm company. If a repair is needed (ex. toilet stopped working). Is the expectation the tenant needs to be home for the plumber to stop by or is the exp...

This will be my first purchase so looking for any feedback from the community.Ask - $50k - started above 70k. Assessment well over 100k. Homes in area 130k+. Needs - probably 15k in immediate repairs, another 10k in v...

I started renting out my primary residence recently. The main bathtub has jets in it, which I'd never attempted to use during the time I lived there. Not long after moving in, the tenants (who have been great so far),...

I am very interested to hear from other investors, What makes a good wholesaler, what are your expectations from a wholesaler who brings you a deal. I have listen to a lot of the podcast and it seems that @brandon kee...

As I "run the numbers" to estimate the cashflow potential of a property, a sticking point for me has always been accurately representing the Vacancy Rate and the Repairs/Maintenance costs. The Vacancy Rate is somethin...