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Kim Forgione
  • Battle Ground, WA
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19
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Am I overestimating costs?

Kim Forgione
  • Battle Ground, WA
Posted Nov 12 2019, 14:00

I haven't done my first deal yet. I'd like to BRRRR. Also considering turnkey but don't like that I can't get my money back out. I have been analyzing a lot of properties but can't seem to find a deal that makes sense using 10% vacancy, 7% maintenance, and 7% CapEx. Am I overestimating these costs? I like to play on the safe side but when I use these %'s, cash flow looks pretty poor on the properties I've looked at so far.

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