What percentage of your rent should you allocate to capex, repairs, and vacancy for a new or newish property? My thoughts were 5% capex, 5% repairs, and 8% vacancy. Does this sound realistic?
We are under contract to purchase 40 duplexes in Florida, 100% rented, class A and some B with long term tenants. The 40 buildings are in good shape with 60% of AC units being less than 5 years old and 90% of the roof...
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*This link comes directly from our calculators, based on information input by the member who posted.
Hello all! I recently started investing in real estate in suburbs of Detroit. I purchased 2 properties so far, one for 70k and another one for $59k.I'm an out of state investor, and I have an agent and a property mana...
Duplex for 110k w/ both units rented for a total of $1500/mo. or 2 SFH's for 55k each rented at $750/mo. ?Pro's / Con's ?
I'm on a mission to never have another vacancy again. Part of my plan is to notify folks on my waiting list as soon as I receive a 30-day move out notice. The problem is that I need to create a waiting list.
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*This link comes directly from our calculators, based on information input by the member who posted.In addition to your advice on how I did, this will also be my first rehab and I welcome all tips and adv...
Hi Bigger Pockets Family,We were presented with an opportunity to purchase a 4 unit apartment building. It is currently fully rented. It is in a small town. The seller gave us the following numbers:Asking Price: $3...
Just started analyzing deals on the BP calculator. When it comes to % on expenses such as vacancy rates, Capital exp, repairs/maintenance etc....should I always run high % for worst case in order to be safe? The range...
I'm in the middle of purchasing what will be my first investment property and would love some feedback on both the accuracy of my analysis and whether this property was a good selection. The main goal with the investm...