Account Closed
What repairs are okay for tenants to make on their own?
I have a tenant who contacts me weekly for repairs. Some are legitimate and require a specialist, while others are trivial, such as replacing a sprinkler, and it's getting very tedious.Which repairs can I reasonably e...
Donald Beamon
Opinions on this deal please
Wilmington, CA (Southbay area)Duplex (total 3br/2ba and no shared walls) for $360,0002/1 + garage for back unit (650sqft)1/1 with full front yard (550sqft)Repairs none, this place is completely updated (granite, lamin...
Ryan Boltman
Where are the quality PMs?
Please please please, if anyone has a good PM that is good with communication, sticks the their word and doesn't give up on finding a tenant, keeping the tenant and being a partner please let me know. I am so disappoi...
Ryan Olson
BRRR calculator: Cap X vs Repairs
How are these two categories different on the BRRR calculator? Don't repairs fall under cap x? Using 10% of arv for both. Nothing cash flows on paper. Thanks in advance. Ryan
Brendan Basler
Multi Family Deal Statement of Cash Flows
Hi guys! I am a newbie real estate investor still learning and would like some insight on a property I am analyzing. Some quick facts about the property:Price: 265,000No. Units: 6Price/Unit: 44,166.67Cap Rate: 9%Year ...
Kyle Ott
2% rule, 50% rule and CapRate
I am new to Bigger Pockets and have been doing a lot of research for the last few months. I am starting to analyze deals (which maybe aren't really deals!). I am interested in multifamily units as they seem to me to...
Patricia Andriolo-Bull
Stessa - 179 deductions
Hi. I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here. I use Stessa for my STR accounting and am pretty happy with it overall for what it is and the value I get. One thing...
Will Barnett
HVAC training
Here in Texas the AC goes out a lot and is the number one maintenance expense. So now I usually install a whole new system when I purchase a property. That way, I won't have to worry about it while it's under warran...
Kristin Horowitz
How much in reserve for house purchase after closing costs and restoration?
I was thinking . . . I'm planning on saving all my extra income to put a down payment on a rental property in the near future. (And I have never been a homeowner.) I realize that it will likely need repairs and imp...
Michael Puwal
Saving for reserves.
The Bigger Pockets people often talk about putting capitol expenses, operating expenses, vacancies etc, in the budget when analyzing a property. What are general practices for this? Do you stop after saving enough f...