Hey everyone, Im creating a pro forma for the first time and want to make sure im creating this correctly.

I think we are competitively priced, so most of out tenants have been renewing, but we plan to test higher rents in 2025  for our larger apartment buildings to account for the steep increase in insurance prices.There have been A LOT of new apartment buildings put up recently in the Cedar Rapids metro area, so depending on the class of tenant you have, maybe that could account for some of softening you are seeing? 

Recent purchases were financed at 4.25% fixed for 10 years, and 4.75% fixed for 30 years. 

I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.

Ask them for their criteria so you can find deals for them. 

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

Critically, he's filling a gap: turn-key, entry-level homes are scarce in Chicago, creating a strong demand for his rehabbed properties.

I sold my condo for $400K (realtor fee 20K) that I purchased for $260K, took depreciation 30K.

Perhaps I could help with some recommendations for other contractors to bid on the roof and foundation or even a new property manager.

Hello,Not sure if this is the right place for this question (if not, please let me know and I will correctly post).I currently rent out 2 homes.