All Forum Posts by: Parker Ludlow Imrie

Thanks for the feedback!

Yeah, this is why I want to get out of this property; just making sure the analysis demonstrating it is sound.  The property was built in 2004 and the only major capital expenditures to already happen are siding replacement, paint, and a couple appliances.  It's in good shape, but I chose the middle of the BP calculator's suggested range for capEx because I figure it will be due for a number of things sooner rather than later. I guess I could itemize to get more accurate.  What's the best way to estimate costs of things like roof replacement?

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*This link comes directly from our calculators, based on information input by the member who posted.

Hi!  Brand new member here.  I'm stuck in a far-too-expensive primary home in the SF bay area, and I'm looking for any way to stop the cash hemorrhage and get some positive cash flow instead.  My spouse loves the house/location/neighborhood, but blessedly is willing to have a discussion about alternatives.  I come into this prejudiced that the only sensible option is to sell and either house-hack or purchase investment property elsewhere while renting locally for ourselves, but want to give a fair shake to the option of renting out our existing home, so I'm starting with an analysis of that as if we were purchasing it today with zero transaction costs and the existing loan and equity.  I'd love to hear some feedback from more experienced folks on whether this looks realistic as I start analyzing properties to compare this baseline option to.  Huge thanks in advance.  Loving BP so far and the possibilities are exciting!