Looking for some benchmarks/guidance regarding typical janitorial expense for a small office building in greater Boston. We own a 14,000 sf multi-tenant office building. Purchased it vacant. Renovated it and now ha...
Hey BP!I'm starting to get the urge to flip houses. I've done a lot of research and have actually done a "live-in flip" (took 5 years, oops). So anyway, on a traditional flip, I'm trying to do my numbers and one thing...
I am in a bit of a predicament with a tenant that rented one of my vacation rentals in the Dominican Republic. He was in the house for almost 8 weeks. We set up the transaction on VRBO and he paid me a discounted amou...
Hi BiggerPockets community! I'm an up and coming real estate investor looking to begin real estate investing as soon as I am able. However, before I start investing actual money, I would like to get a feel of what the...
Hello all,I'm fairly new to this real estate investing game. Family has invested in rental properties for years that I've been heavily exposed to, and now doing my own research to get into it myself (and learning all...
When you first buy a property, and don't find a tenant until after the first couple mortgage payments are due, how do you pay for those expenses? Do you pay those out of your own cash, and consider those payments as p...
I'm running numbers through a spreadsheet to try to establish cash flow.Is there a preferred method of establishing a cost for supplies, CapEx and repair expenses? Do you use a fixed amount or percentage of rental in...
Is he full PITI mortgage payment deductible on schedule E as an expense? Or are just parts it it deductible like interest and insurance?
I'm bleeding money on closing right now. Background story is have a 65K house under contract. 20% down so takes 13K out. Closing costs total $4,271 !! That is 6.6% Total, diming out 17.2K in cash. I thought closing co...
I am putting together a Note ROI Calculator for myself (since I know better than to go asking for one :) ) and wanted to seek some input for what expenses I should be considering. I currently have two expense categor...