How much do you typically budget each month for maintenance and repairs? How about capital expenditures?
Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...
How much % of total project cost should be marketing&sales budget? And which ones should be complete-partly in-house and outsourced as well pros-cons of both models?Thanking in advance.
Hi everyone,
I'm considering investing in an older multi-family (~100 years old) around the Boston area. I only have experience with significantly newer properties and want to make sure I run the numbers correctly. D...
Hi all...I'm ISO rough (based upon actual experience/estimates) price per square foot that I would need to budget for either:1. A gut rehab (including mechanicals) with new addition off side of house2. Teardown/rebuil...
Hi Guys and Gals,
I am seeking some advice here. I have a "Cish" class asset ( 1 of 3 units) that has just become vacant due to a move out.
Question:
With rent for this unit currently at $725/month, with room to gr...
Should I dive in and start with direct mailers? Bandit signs? It's this amount enough to start seeing results quickly? I need some direction!
- Lead Sherpa- Ring Central- JustCall- Ex TextingWhich one of these services has the best bang for the buck in regards to:- Number of phone numbers you can rent/scrap (so I can quickly switch phone numbers… the most i...
As an investor, agent or wholesaler what do you need from a budget other than just the numbers? Pictures, plans, material options, and neighborhood pics come to mind. What more can I offer? What more will a remote in...
I am starting my RE journey with a "house hack". Basically building a 600 SQ ft Studio Apartment in part of my house. It's coming along well, two weeks from completion with the Tenant moving in August 1st. I am an ele...