Hi guys,

Over the past year I've successfully flipped 2 REO properties I picked up off MLS. I'm an agent and got them both relatively easily. I placed an aggresive offer on the first, and on the second I had the REO ...

I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...