Investor 路 Harrisburg, PA 路 Member since 2014 路 142 posts 路 18 votes
Hey BPers!
Are you looking to diversify your rental portfolio and pick up some cheap rentals in a stable area in Central PA that spin off great cash flow? We have a lot of out-of-state investors and even international ones moving in to buy in our inexpensive rental market.
Hi Kate Hall please add [email protected] as well. Question, do your calculations take in CapEx percentages? Or maybe a better question would be, what all do you include in your expenses list? Thanks!
Hey @Michael McManus! No, we often don't get to put them all on here, but we do have a current inventory spreadsheet I can email you that we update like crazy. What's a good email address? I used to live near you in Harleysville. :)
Hi Kate Hall please add [email protected] as well. Question, do your calculations take in CapEx percentages? Or maybe a better question would be, what all do you include in your expenses list? Thanks!
@CJ Witmer done, thanks! Great question. We used to include all expenses such as vacancy and Cap Ex, but I found that it actually confused new investors and they we adding it back in to our own numbers. Lol.
So we include all house expenses such as utilities, insurance, taxes, and we DO include a 6% property management fee (6% pf monthly rent), which is what our local company charges.