I am about to close on my first 2 duplexes this month. In my analysis I budget for vacancy and capital expenses (which I believe most of you are doing) and it comes to about $10k annually for each property.My question...
Corresponding with a person on an older location that has 25% vacancy.
Initial response:Your original issue is 1/4 vacant. Your steering the conversation towards online marketing. Attached is a checklist to work yo...
Good Evening All,First, thank you for taking out the time to read and help me. I just bought my first quadplex last week. Although, I know BP has an excel finance form for landlords, I prefer to make my own my which I...
Hi! We recently acquired a 6 unit property in Arizona. It took us 7 weeks to have the current tenants vacate. However, as soon as they vacated, the property was an immediate target for vandalism and break-ins (some ap...
Hello Humans,
New investor here. I understand that it is good idea to save 10/10/5 percent on capex repairs and vacancies, but at what point do you stop saving (or do you)? In a couple years, it is possible to save $...
Hello All,I'm getting to know the Las Cruces markets better and analyzing mostly SFHs. I'm wondering what percentage of the gross monthly income investors are accounting for regarding cap ex, repairs and maintenance, ...
Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...
I was curious if anyone has considered giving guests currently booked a couple of days a discounted extension to their reservation in order to fill vacancies? For example, if one guest books FRI-SUN, another from the ...
BP Family,I am poised to have the cash for my first Turn Key (or close to turn key property bought through conventional means), and I have a question about the numbers on deal analysis, as I have been analyzing tons o...