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Updated almost 7 years ago on . Most recent reply

User Stats

33
Posts
13
Votes
Ike Ekeh
  • Rental Property Investor
  • San Diego, CA
13
Votes |
33
Posts

Factoring in Repair Costs when Analyzing Multifamily Deals

Ike Ekeh
  • Rental Property Investor
  • San Diego, CA
Posted

Hello Everyone-

I am a new multifamily property investor and I am currently analyzing listings in the Tucson, AZ & San Diego, CA area with the hopes of closing on my first property in Q1 of 2018. I'd appreciate advice from the BP Multifamily investor world on how to make accurate and conservative estimates on how much $$ I should expect to allocate towards capex/repairs. 

If you have some rules of thumb and general guidance to go by, that would help!

Thank you!

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