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All Forum Posts by: Steve Meyers

Steve Meyers has started 6 posts and replied 15 times.

General Real Estate Investing

Post: CapEx, Maintenance, and Vacancy

Steve MeyersPosted
  • Rental Property Investor
  • Belleville, IL
  • Posts 18
  • Votes 0

Should I be tracking CapEx savings, maintenance, and vacancy set asides individually you property or can the all be lumped together as long as I set it aside each month?

0 Votes
Real Estate Deal Analysis & Advice

Post: Buy and Hold Investment #2

Steve MeyersPosted
  • Rental Property Investor
  • Belleville, IL
  • Posts 18
  • Votes 0

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $236,000

Our second buy/hold investment

0 Votes
Buying & Selling Real Estate

Post: Repairs vs. Maintenance vs. Capital Expenditures

Steve MeyersPosted
  • Rental Property Investor
  • Belleville, IL
  • Posts 18
  • Votes 0

Sorry for the resurrection post, but the topic fits...

Do you guys track a separate Vacancy, Maint, and CapEx amounts for each property of lump them into one for all/several properties?

0 Votes
General Landlording & Rental Properties

Post: Finding a Savvy CPA familiar with Real Estate Investing

Steve MeyersPosted
  • Rental Property Investor
  • Belleville, IL
  • Posts 18
  • Votes 0

But depreciation isn’t as straightforward, especially when figuring in multiple timelines, accelerated depreciation in the first years, and tax planning...

0 Votes
Real Estate Deal Analysis & Advice

Post: First buy/hold and cashflowing >$200/month

Steve MeyersPosted
  • Rental Property Investor
  • Belleville, IL
  • Posts 18
  • Votes 0

Investment Info:

Single-family residence buy & hold investment in Crestview.

Purchase price: $185,000
Cash invested: $18,500

This was our first buy/hold that we bought as a primary residence, then converted to an investment 3 years later.

0 Votes