I just purchased a property through a wholesaler. Is that wholesaling fee supposed to be capitalized or expensed?
Ive noticed not surprisingly that when I lower the expenses evaluating a potential rental house, its much easier to find a good deal that cashflows. In John Shaubs book "building wealth one house at a time", When h...
Curious what you landlords are paying to paint and clean an 850 Sq Ft 2BR/1BA apartment unit to make it rent ready. (The unit is all hardwood flooring, which needs nothing.)
Hi,
I moved to a new house on 30 March 2010. I advertised my old house for rent starting 1 April 2010. I got a tenant signed for 1 year lease on 15 May 2010. During period of 1 April - 15 May 2010, I painted some of ...
Can someone share a spreadsheet that tracks rental property expenses?
Thanks
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
Hi BP Family , While learning on how to observe a rental deal generally before delving into the details, I cam across the tactic of just checking the Cap Rate on the deal , to see if it matches the investors interest,...
When running the numbers on a potential rental property what are the main expenses to consider? How much should you set aside for vacancy, repairs and cap ex?
I have a business as a DBA and just purchased a building in a realty trust. do all the utilities and improvements made to the building need to paid out of the trust account or can I use the business account. Very con...
I have 3 rental properties and am looking to continue building my portfolio. I have had these for 5 years with no system to manage and track ongoing rental expenses.
For example, one of my tenants feels everything i...