Caitlin Jones
Rehab went over budget, now stuck.
Attempted to rehab house to turn into rental. Everything we uncovered just kept adding more and more to do. House is now down to studs and needs at least 100k more work. Should I just sell as is and take the loss? Is ...
Mitch Brunette
Excess Maitenance Budget? What to do?
Hi AllWondering what you do if you are in a situation as I am? I budgeted 5% maintenance on my property, and my first tenant came and went and I literally had zero cost in maintenance when they left. I didn’t even hav...
Andreas Riha
Marketing ideas without a marketing budget
Hey guys,
I am looking at creating a 101 on free marketing ideas to build a landlord portfolio for a rental manager. So far I have got 30 and put them in a blog, I thought it might be a cool post where we can...
Account Closed
Low budget newbie, eager to learn.
Hey all. I've read the first timers' guide, lurked on the forums here a bit, and figured I'd bite the bullet and introduce myself. Name's Matt from NE Minneapolis, 22 years old and looking to get my foot in the door.
...
Yusef Presley
Rehab tips that are budget friendly
Any tips on rehabbing a house to rent out on a budget? Would it be cheaper to buy supplies and pay contractor hourly or allow contractor to do it all and pay large lump sum ? Just trying to get the home section 8 liva...
Nicole Pagan
Budgetting for County Tax Deed Auction
I'm sure I'm an oddball here on BP...not a pro, but a renter who wants to buy her primary residence at a Tax Deed Auction. In my state, I own the property on the day after I've paid cash for my winning bid.
...
Miguel Torres
Philadelphia flips. $100k cash, hard budget. Possible?
New investor, not looking for rental income but rather flipping at the moment. $100k hard cash budget. (Purchase + Reno). Which Philadelphia neighborhoods should I be looking in to make a profit and also not have to w...
Liz White
When to Start Budgeting for Cap Ex
I just bought my first single family house that I intend to fix up and make into a rental property. The roof is only 4 years old and I will be putting pretty significant repairs into the rest of the house. My investin...
Jason Turo
Personal Financial Statement software - not budget tracking
Wondering what people are using to create and track their personal financial statements to include fixed assets and depreciation? Not looking for recommendations on personal budgeting tools, but rather the creation o...
Phil Morris
How much do YOU budget for CapEx?
Hi all,Curious as to how much you personally budget for CapEx when doing an analysis. I've seen 5-15% of NOI, estimating each one individually, and other estimates.What number helps you sleep at night?Thanks!