Chi Sastry
Sub-To mentorship/education or mastermind options...
12 November 2024 | 11 replies
A seller not fully informed of these points may have legal basis for initiating a lawsuit against the investor/buyerFrom the buyers perspective any down payment, capital expenditures, etc may be at risk of loss if they can not pay off note IF it is called due.
Julio Gonzalez
When to Capitalize vs Expense
5 November 2024 | 0 replies
A capital expenditure is money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.
Brody Veilleux
Cash flow is tax free??
7 November 2024 | 8 replies
Similar to the allowances in a pro forma, they are simply set asides and only become expenses when the property taxes/insurance are actually paid from them. 2) Capital Expenditures - They certainly feel like expenses, but certain improvements cannot be expensed outright but instead have to be capitalized and expensed/depreciated over time. 3) Depreciation - Finally some good news!
Jacob Nevarez
First House Hack
5 November 2024 | 28 replies
Your mechanicals and capital expenditures are a lot more important and more expensive to fix than a pretty kitchen. its better to live in outdated kitchen and have a well kept home with updated mechanicals/roof/hvac than one that looks pretty but will start to crumble5.
Brandon Ja
Are add-ons a capital expenditure?
24 October 2024 | 2 replies
My question is, are add-ons considered capital expenditures, making them deductible?
Clint Kelly
Job Costing Software for Flips
31 October 2024 | 8 replies
Or are you looking to track expenditures for bookkeeping reasons?
Rene Hosman
I can easily and consistently track my rental property cash flow each month.
5 November 2024 | 29 replies
., laundry facilities, pet fees).Fixed Expenses: Include mortgage payments, property taxes, insurance, and property management fees.Variable Expenses: Include repairs, maintenance, utilities, and any unexpected costs.Capital Expenditures: Set aside a portion for future big-ticket items (e.g., roof replacement, appliance upgrades) as a reserve.3.
James Harryton
How much is too much
28 October 2024 | 24 replies
Then it would help if you still had more to set aside for future vacancies and capital expenditures.
Manson C.
Is Cashout Refinance is a Good Exit Strategy?
28 October 2024 | 10 replies
If the rent covered those three and PITI (or other expenditures like Management), and gives you a profit/return you're okay with, done deal.
John Salcedo
Out of State investor
25 October 2024 | 17 replies
(WSFA) - The numbers are in and Montgomery is seeing major growth when it comes to tourism with travel expenditures near $1 billion.BiggerPockets also did an analysis with similar results.