When budgeting for expenses what is the average percent most investors take out for things such as vacancy,maintenance,property management,etc?
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
Hello, I feel like I am very new into the rental/landlord game, the first few years have flown by! It safe to say that the first few years I did not do my due diligence to budget and project for the future. I first bo...
Hello!
I am new to the Bigger Pockets page, but listen to the podcast all the time! I've heard a few times about Mindy's budget tracer but couldn't locate it on the website... can anyone help me locate it?
Thank you...
I've been flipping houses for 2 years now but still can't really walk into a home and know right away how much it will cost to fix. My past deals have all been mls so i've brought contractors in for quotes. I am ra...
Hey guys,
I’m new to bigger pockets but I’m about to start rehabbing a 2 fam in Cleveland. I would like to get really organized this time around with keeping track of my spending.
Does anyone have a recommendation f...
Hello all,My business partner and I are looking for a rehab budget template that we can use to provide to contractors when they are submitting bids for our flips. Can someone share their template? Currently, we are on...
Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...
Hello friends, i am working right now in probate deals and I am trying to come up with a good strategy to ensure i get the most for my money. how many direct mail letters do yall think would be appropriate to get arou...
I'm currently reading RichDad's The ABC's of Real Estate Investing. Unfortunately, the author's site is no longer online :shock: , so all of the great, helpful spreadsheets for budgeting and property analysis are no ...