Hello!
I'm starting to play around with the Buy & Hold Analysis report that BP offers to Pro Members because as a free member, I have 5 calculations at no charge. If I'm going to use the report, and purchase a Pr...
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
Hello everyone,
My wife and I have been looking at properties for the past couple of days and we had been writing everything down by hand.
I got sick of the disorganization and created an excel sheet to see if prope...
When running my numbers, I’d typically figure in 10% for capital expenditures, maybe more. (Because I just shelled out $3,000 to have a tree taken down and $10,000 more on carpet and painting.) With a condo, the roof...
Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...
Hi all, I'm getting ready to go live with my very first rental. I want to set up a separate bank account to have rents deposited into. My question is; should I have multiple accounts to split rent revenues? What i me...
What is the best way to write off a new roof?
Hi BP community,I'm finally purchasing my first property (to start house hacking). I'm trying to do my due diligence in examining the Condo Association's finances and would greatly appreciate your take on my situation...
Hi! I would love some input on Cap Ex for the new-but-have-a-couple-of-properties-under-their-belt investor. Currently we have two properties/6 units. We are putting into a savings account a portion of the rents ea...
Hi BPs!I'm running some calcs and would appreciate some feedback. This for a typical property is located in Chicago north side.Can you please review my cost and NOI assumptions? Let's assume this place had recent ca...