Hey BP friends,I'm putting together an excel sheet to calculate potential rental property deals and wanted to ask for some insight/criticism/refining regarding my monthly expenses.So far I have the following:Mortgage:...

Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve? 

Hello everybody, so I spent some time trying to figure this out, but I'm hopelessly lost. What are the tax benefits or disadvantages of house hacking and living in one unit of a duplex, as opposed to renting both unit...

My city code requires the vent hood of the water heater to be secured with 3 screws at the minimum. Most hoods only have 2 mounts that can be screwed on the water heater. Anyone have any tips or experience?

I am pricing out insurance companies right now and I’m swimming in coverage line items. Besides loss and liability, what other coverage do you recommend (property is in Ohio)?Also the level of coverage... the first qu...

Main point of the thread is about taxes for FY 2017. I bought my first flip house in September 2017. I am still working on it. Rehab should be completed by the end of this month.I know that once I sell it, I must repo...

Looking for guidance for how to handle rental income on my tax return this year:
1. Rented a room in my town home to a friend from May 2021 to December 2021. I live there as well.2. Made around $3k in rental income (...

If you've got $100k to invest in property, what percentage are you putting toward deals, and what percentage are you holding back for reserves to handle unforeseen capex? I've heard and read that the general rule of t...

I self-prepare my annual tax returns and have a tax scenario/question regarding the allocation of Property Taxes and Carry Expenses for land.In 2022, I purchased a vacant parcel of land that is zoned for multi-family ...

My tenant will be moving out end of this month and want to make sure that I'm setting expectations with them about leaving the unit clean etc. What are the important things to mention to them to try and have a smooth ...