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Hey Bigger Pockets! So I'm looking into investing out of state in Kansas City. For C-class properties, what percentage of gross income would you budget for CAPEX?Obviously this is pretty subjective, but so are a lot o...
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Hi All,I'm just about to get my first 4-plex that needs quite a bit of work. First I am wondering what do you guys do with the money you see aside for Cap Ex, Vacancies, and Repairs? Do you combine them all in a savin...
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Hello Everyone,My question is what do we do with the money we calculated for the Cap Ex, Vacancy %, maintenance repairs, and miscellanous when we get them in our monthly payments from the management team? Do we set up...
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I live in San Diego, CA and am buying rentals in KC MO. I will soon have 4 rentals. I have about $320/mo positive cash flow on each after property tax, insurance and property management. Since this will be my first ye...
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I'm currently reading up on house hacking and how to analyze deals. I've read from multiple sources that you should save apart of your monthly cashflow for reserves in case of vacancies, repairs, emergencies, etc. My ...
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From what I've read most people set aside a percentage of monthly rent for repairs, vacancies, capex, etc... Instead of taking a small percentage every month for these things, I'm leaning towards putting everything t...
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how much should i set aside if i get $10k wholsale fee?
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Wondering if any of you out there have some sort of "formula" you use to estimate repairs/maintenance and vacancy reserve costs when evaluating a new property?
I have been sort of guessing on mine so far and doing 5% ...
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Hello BP universe - When I'm analyzing a deal for a small multi family property, should I be using a higher CapEx set aside assumption than I would for a sfh? If I would typically set aside 5-7% for CapEx on a SFH, sh...
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My question is... When do I take out the average 5% vacancy fee and the average 10% maintenance fee? Are both taken out of the gross rental income before all of the other operating expenses or after you deduct the ope...