What do you typically do for estimating rent, home value and expense increases over time in your analysis?
I was reading a BiggerPockets book and Mr. Turner said when estimating expenses, you take the vacancy rate and apply it to the rent price and include that as part of your monthly expenses. So if rent is $1000 and VR i...
Hello,I am moving to new house and would like to rent out my current property. There are a lot of articles that "depreciation" helps to even profit from rental with expenses.Let's assume the property without land cost...
What percentage of expense/gross rent income do you expect for a 40- unit apartment building, built in the 1960s, class C building? 40%, 50%?
Hello dear friends!I am a buy and hold investor. I know any expense before I buy my first rental can be treated as start up cost but I would like to get some input on tax treatment of expenses incurred between two re...
I'm a beginner investor. I am currently reading Bigger Pockets book "Set for Life." Looking a ways to cut expenses. I have a financial advisor for my American Funds Roth and Traditional IRA that I set up about 5 years...
Hi Everyone,I just wanted to reach out to everyone (especially the new investors) to remind everyone of the importance of getting a professional home/property inspection PRIOR to the ending of your due diligence perio...
What software is your favorite?
I’m currently in contract with a duplex for an investment property.My lender asked for leases and expense reports. The sellers are old school though and have no expense reports, let alone leases!So I said I could crea...
There has been a ton of discussions and controversies regarding the 50% rule. In case you have been on the planet Jupiter the last few years, the 50% rule (a rule of thumb or quick analysis tool) states that "operatin...