Marc Alexander
Can I get a reality check on my goals and expectations?
Hello BP, this is my very first post. I'm getting back into the real estate game after being dormant for well over a decade. My goals are to generate enough passive income to not have to worry about my 9-5 anymore. ...
Charles Granja
Veteran quadplex purchase while in college (High-COL area)
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 ...
James Babb
Cash Reserves for CapEx?
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...
Kevin Young
What are Labor ONLY Costs?
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.
Anastasia Frank-Bruggemann
What % capex and repairs do I put for a 4 plex?
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...
Brennan Lytle
Holding Costs
Hello! I was wondering if there is a rule of thumb for a percentage of ARV that goes into fixed costs. Thanks
Eugene Lee
Single Family Maintence/Repair/CAPEX estimations
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...
Account Closed
Do you buy homes from business owners?
Hello all,I made this post a while ago but it was removed because I suppose the backstory may have come across as soliciting. However, very simply - out of 100 multi OR single family deals you ACTUALLY GET DONE, what ...
Zevi Arem
Structuring three way partnerships
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...
Derek Worsley
Analyzing deal- property management
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