If I were to put together a person who what a deal and will be the "boots on the ground" partner with someone who will fund either the whole deal or just the downpayment and use their credit for the loan. How much per...
Quick question. Running the numbers on duplex and budgeting in 10% for Property management. Do property management companies charge you per unit or total for the property? Thanks in advance
I currently have 12 units consisting of 8 properties and the amount of inventory/equipment I am maintaining for the properties is starting to stack up. I am flirting with the idea of building a garage at my primary r...
Hello! Are there any veterans out there that were able to purchase 600k-1million dollar multi-family units while in college?I found out that in Illinois you don’t pay property tax at a certain % disability rating and ...
If you've got $100k to invest in property, what percentage are you putting toward deals, and what percentage are you holding back for reserves to handle unforeseen capex? I've heard and read that the general rule of t...
What percentage of the rehab budget does the labor make up? If I've put 60k in the rehab - how much of that 60k would be going to only the labor, vs going towards the materials?
Thanks for any help.
Hi everyone, I'm running the numbers on a 4 plex I'm considering buying and I wanted to know if the capex on the rental calculator is calculating a % of each unit - so if it shows 150 for repairs that's repairs for th...
Hello! I was wondering if there is a rule of thumb for a percentage of ARV that goes into fixed costs. Thanks
Hi All, I'm looking at a few sfr properties in the midwest with cash flow potential and I'm having some trouble with the maintenance/repair/CAPEX numbers. Currently, I am budgeting the following: Maintenance/Repair: 7...
Hello everyone, I have a question to all investors who use the BRRRR strategy and the kind of rehab you would do.
1- would you go all out full gut renovation on your rehab?
OR
2- would you do a patch up and repair ju...