The rest is divided among people with redemption rights.

Personally, what I've been doing is simply adding up these individual expenses, and then come tax time or whatever, simply divide it among the number of properties that I have, and then add that number to the specific unit in question's maintenance/repair expenses.

A drywall guy once told me that a quick way to calculate a whole house worth of work is to multiply the living sq footage by 3.5 then divide that by 48 sq ft ( 12 ft drywall ) and then multiply times per sheet cost.This is probably more applicable for new construction or full gut jobs.

The assessed value is then multiplied by the millage for the county, city, and district that the property is in to determine the annual tax bill (divide the millage by 1000 to get 0.XXXXX, then multiply by the assessed value).

@Nader Shariff If you divide your total appreciation from the time you bought the property to the time you sold it how much money did you make in appreciation during the year you weren't receiving rent?

We use a YTD paystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make sure they’ll always be able to pay the rent on time.

Consider adding the following clause in your lease:  "Tenant shall keep their hands in THEIR OWN pockets".Here's how we handle this type of situation:  divide the monthly rent by 30.  ($1,000 / 30 = $33.33/day.Multiply the number of days affected (example: 10 days x $33.33 = $330). 

Furthermore, the heat poses elevated wildfire risk, which could partly be why in two filings with the California State’s Department of Insurance on Thursday, State Farm disclosed it is seeking a 30% rate increase for homeowners, a 36% increase for condo owners and a 52% increase for renters.No matter what side of the political divide, in my near forty years on this planet I have personally noticed local and global warming.

Bridging the Divide: Pathways to SynergyDespite the inherent tensions, pathways exist that can lead to a more synergistic relationship between realtors and wholesalers.Collaboration Over CompetitionIdentifying opportunities for collaboration can be beneficial.

After analyzing over 1,300 active single family homes in Reno, Nevada we found that the majority of homes cash flow around a 4% cap rate, with outliers in the 5s and even some at 6%.A cap rate is a measure of a property's investment potential, calculated by dividing the property's net operating income (NOI) by its purchase price.