Allan A Ramirez
Calculating Capital Expenses
When calculating Capital Expenses in a rental property without doing rehab, let’s say your driveway will last 5 years($5,000), roof 3 years($4,000) and you decide to rent it out, after you replace it will you have to ...
Kathy Stewart
RUBS Utilities-How Best To Bill
My Partner and I use RUBS to allocate utilities expense for our Tenants and invoice through the Residents' on-line payment portal. We do this manually as the longer term Tenants are grandfathered and their utilities a...
David Glinski
Examples of a successful portfolio?
I understand the answer is always “it depends” but I’m looking for examples to help me understand growth and goals. I’m constantly going back and forth between shooting for owning many different assets or just aiming ...
Krishn JAISWAL
Bulk REOs question
I know where and how to get a single REO, I have been doing this for a while. How does BULK REO works? Where all one can find the bulk REO list or tape? Or in other words, how do we get the list of Bulk REO? What'...
Matthew Drouin
How do I keep money partners from personally guarantees?
I am doing a $750k raise on a $2.9 million medical office building. I am offering the limited partners a preferred return plus 50/50 of the financial benefit in the property, I.e. the cash flows, appreciation, and de...
Ryan Keenan
Claiming improvements on your taxes
hello BP, question about doing my taxes this year.. I bought a duplex and took out a 20,000 loan to fix it up.. I would like to buy another property this year and need every penny of income to help show the bank to qu...
Rob Krach
House Hack
Hello all,Along with my short term goals, I have the goal of getting started with rental properties here in Chicago and was hoping some who have gone through this could provide some insight.My goal is to use a FHA 203...
Gil Keren
Am I estimating CapEx and repairs too high?
When evaluating deals for those 80k-100k SFRs in Indy, I allocate 10% of the rent for maintenance/repairs, and additional 180$/month for CapEx, per the computation at: https://www.biggerpockets.com/.... On the one han...
Sarah Enero
Newbie doing Condo Live-in Flip
Hello everyone!
I'm in escrow for a one bed/one bath condo I want to do a live-in flip. I know going into this, I will have to deal with HOA but because of budget, I can't afford a property to house hack in San Diego...
Joe Koppel
Bookkeeper, or accountant or CPA...what do I need?
Hi I sold my house and have a sizable bit of cash and want to start buying residential rental property in Texas. I live in San Diego, CA. I am just small time and will just buy one at a time.My question is how do I ke...