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...
Michael D.
Capital expenses?
When modeling opportunities in the past I've used a simple 10% of gross to cover repairs, lumping everything together: carpet cleaning, faucets and roofs all in one bucket.
Now I'm trying to get a little bit smarter ...
Arun Kumar Balasubramani
First Deal Not sure? Any help would be appreciated
Hi,I think i found a deal , I am not sure if its good, Any response would be appreciated. Area is Tucker, GAProperty Type :CondoPurchase Price :62,500HOA :283/MonthInsurance:50/MonthTax : 50/MonthRent :850 /MonthVaca...
JonPaul Kessinger
Where to start on a remodel?
Hey guys I am a new investor with one property. I'm looking at purchasing a distressed home and fixing it up. My W2 job driving a school bus so I have about 5 hours in the middle of my day free and want to do a lot of...
Todd Groom
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.This will be a cash deal then a cash-out refi a few months later. The property is in a ...
Adam Pearson
Duplex analysis
Hi all,I'm hoping you can give me some feedback on a deal I'm currently underwriting. The property is an early 1900's duplex (one up/one down) in Mount Vernon, WA, within walking distance of the very popular Co-Op an...
Jake Isaac
Strategies for turning an investment around...
I'm sure a lot of you have been in my situation at one point in your investing careers. I own one rental property - a four plex - and I'm beginning to discover that I paid too much for it. It's not a dire situation ye...
Curtis Moe
Repair or replace roof?
Hi Friends,My rental's roof is leaking above the carport. I have received bids on just repairing the low slope area where the leak is, and bids on the whole roof.Some of the contractors said the granule content on my...
Linda Hart
Bought my first property! Need help on what's next!
Ok, folks I just decided to DO IT and quit talking about it. I bought the house for 30K and plan to rent it for around 600$ a month but it is need of some serious repairs. What repair do you start with first? The ...
Tiffany Norte
Should I close? Rents aren't what was stated and barely meet 1%
I have a contract on a duplex in Independence, MO. We've done the inspection and appraisal and everything looks good, just the roof is a little old, no big deal. The contracted price is $110k, appraisal came back at a...