All Forum Posts by: Clint Galliano

@Brent Coombs That makes sense. It goes to knowing your area & demo numbers. 

Thanks!

@Chris Soignier, I am practicing cash flow analysis on a property I already have. I was curious as to why there were different values used or recommended for the vacancy percentage when conducting an analysis on prospective property...

40% was the actual vacancy last year for my one property, so I guess I did OK to still have positive cash flow on it, even with that number.

I am wondering what is a good vacancy percentage to use in my cash flow analysis? Recommended values range from 5% - 40%. 

I want to be realistic, but I don't want too miss out on a solid performer because I was too conservative in my analysis. 

I currently have a SFR from an inheritance {my wife's childhood home) and while the CF is positive even with 40% vacancy in a practice analysis, it got me thinking to ask "What is a practical number to use?".

Welcome to BP, @Austin Smith! I'm new to this also, living in Louisiana and traveling to Houston a lot. 

The podcasts are awesome, as you have found. Check out the guides and search for interesting stuff in the forums. LOTS of knowledge shared there.

@Chris Jetton, I am not sure where that comes from. It must be something I selected when setting it up. I actually work for an oilfield service company. I live in Houma and my office is in Lafayette. I hate the commute. We currently have one rental (inherited property) and are looking to expand. As I said above, my thoughts on what & how to grow with REI have been expanded since I started listening to the BP Podcast.

We will have to get together for coffee one day.

Thank you for the welcome!

I am already listening to the podcasts...after about 4 of them, I have realized that my original REI plan is very limited in scope. I am now researching the possibilities.

Hi! I am Clint Galliano and I am investigating getting into real estate investment for lifestyle freedom and to ensure a comfortable retirement and potential legacy for my children.