@Snehann Kapnadak, most are pretty simple. 5-4-3-2-1: if you sell/refi in year one, you pay a penalty of 5% of loan amount.

If we take a Monthly Average of the Mortgage as it disappears in 30 years, we can get an hourly rate on that as well.So, $800k will disappear in 30 years which is 360 Months.If we take the $800k and divide it by 360... the Monthly simple average (don't worry, I know we should be Amortizing this, but I'm trying to give a simple example) = $2,222 per Month.If we then take the $2,222 per month and divide it by the same 10 hours you have spent managing the property, you will make $222 per hour on just the Mortgage getting paid down!

Much appreciated.You can google that one for tutorials but there is really no Need to model it as It's a simple calculation of the loan balance at time of sale and the percentage of penalty.

It's unlikely you will ever successfully get sued for more than 1m, so you should be more than fine with a simple $200/yr, 1million insurance policy.

Turns out I was wrong and I had someone do a simple cleaning of the apartment the day after since it looked like they left.

It really depends on how your lease is worded and also your local landlord tenant law, so you may want to brush up on all that quickly.Even if nonrenewals were halted in your jurisdiction (I don't know if they were), this goes beyond simple nonrenewal if it truly is a safety issue.

Simple.

I've heard that Simple Bank as features like this.

I’m sure this has a pretty simple answer, but I am very new to BP and still learning a lot.

All you need is the equivalent of a simple expense report with a receipt.Of course, the main point of depreciation is to offset profits so you can defer income tax.