Hey BP,
So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.
My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...
10% vacancy, 10% cap ex, 10% management, 10% repairsOn all of my practice analyses, this is what I choose. Any suggestions or comments?
I have been setting money aside in my LLC for vacancy, repairs and CapEx in the future. Is that money taxable at the end of the year, and if so, are there best practices for how to handle setting the money aside (i.e....
Hey! I'm looking at purchasing a property that I'd turn into an AirBnB in a skiing town. During the long winter months here in Canada, the AirBnB will be rented out for sure, But how do I account for the slow summer m...
Buying a home soon and looking to rent 1st floor with washer drier and full unfinished basement & garage parking with outdoor patio area. I'd like to try getting $2900. Is that too much? How long will this sit on ...
I'm curious as to some small details in running numbers some of you do.
I've been running numbers in the BP buy and hold calculator versus another speadsheet an investor gave me. They both are very helpful an...
I’m working on my first deal and considering the CapEx, Vacancy, and Repairs expenses in the BP calculators. If I have a large enough (approx 6 months of rental income) lump sum of money saved up and invested in safe ...
From Davids Long Distance book. "In some US areas, the tenants are mad that they are paying more to rent than to own the home. If the prices have rised too much and they can't find a home to buy, they will become ANGR...
Newbie here getting ready to buy my first 2-flat. I plan to self manage. I’m curious for my model what people budget on average annually for vacancy, repairs, upkeep, etc?
I have started researching MTRs in my area, but I am not really sure how to swag the vacancy rates. Any insight on how to arrive at this number (either nationally, regionally or preferably locally) would be helpful.