I'm in the process of acquiring my 3rd property which is going to need quite a bit of work. Aside from sprucing the mechanicals and a few cosmetic items inside, I think I'm going to have to replace the storefront ...
hey guys so I'm thinking about putting in an offer on a duplex in my area but am a little stumped on how much to figure in for capital expenditures. I'm using a 10% of rent number for vacancies and a 5% of rent for ma...
When you buy a property that needs some work, how do you protect yourself from going over your rehab budget (or from the contractor exceeding his estimated cost)? Do you include specific language in the repair contra...
Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...
I'm looking for user friendly software to estimate, budget and track all renovation costs and payments. I'd like to hear how others are handling this and what you think of the method your using. I'm open to any system...
I'm hoping there are some tips or tools out there to help:
- more accurately budget for finishes during deal analysis phase
- more quickly translate budgeted/preliminarily selected finishes to a 'key li...
Seeking advice from seasoned investors... My contractor started the project in May and requested funds to complete a renovation with 90 days. He has only done the prep work after receiving two draws to start then buy...
I'm trying to save 1200 a month to invest on new properties. I'm having trouble making a detailed and in depth budget that I can study and stick to over time. Are there any tools you've found that help develop a budge...
I bought my first property (duplex) back in June of '18 via the "House Hacking" Method Purchase price was 90k with an ARV of ~130k. My initial Rehab/ repair budget was 15k.Goal was to get the work done and cash out re...
Remember the good old days (6 months ago) when the deficit was only going to be about $1 trillion?
WASHINGTON (AP) -- With the economy performing worse than hoped, revised White House figures point to deepening budge...