Let's say you set aside $100/m for CapEx items that will need replacing in 10 years. Current method: Put money in bank account that earns 1%Idea 1:Invest the money into a bond or dividend stocksIdea 2: Reinvest the mo...
This is a hypothetical question. Say you sell a condo and the HOA subsequently informed you that there was a budgetary surplus on the account. They email all homeowners that the surplus is to be credited to their acco...
Does anyone have a good template for a remodel budget? Or know where to find a good one.
Something I can plug and calculate with.
Thank you
Kevin
Hello all!
I am currently applying for a fix and flip loan and I am in need of a professional looking budget repair sheet. Does BP have one on the website? Any help would be appreciated.
Thank you
Hello all. Need your help! I'm putting together a business plan to start wholesaling in Jacksonville, FL. Nothing large at first, just want to aim for one property a month. I've got about $1000 in cash to start with....
Has anyone here used Monarch money? I've heard good things, but assessing if it's worth the $100/year.
Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
I am rehabbing a Fourplex, "soup to nuts" and need a budgeting software to help me stay on budget.
Hello BP Community!
I've been saving for a house hack over the past two years and recently came across a great property in the Denver metro area that I’d love to pursue. Not only does it have excellent potential as...
I am working on improving my methods for analyzing prospective rental properties to determine cash flow. I am using the following numbers:Vacancies - low in my area so I'm using 8%Repairs - 5% of rental incomeCapita...