Nicole S.
How much to plan for expenses?
Hi all,I'm looking at a duplex in Cleveland Heights area. How much should I plan for:sewerwatergrounds keepingtrashIt's a 4 br/2 bath.Nicole
Dave Garlick
What account pays for common expenses
I just closed on my first deal consisting of two duplexes next to each other but they are on separate parcels. We did do two separate conventional loans which was recommended by the lender. I know there are a lot of o...
Yuriy Skripnichenko
Rental income and expenses; IRS publication
Hi all,I came across this IRS publication with detailed explanation on to how to treat expenses for your rental property. Including depreciation and including rental of vacation homes. Here is the link https://www.irs...
Miche Crise
Repair Expense Due to Tenant Misuse
To charge or not to charge, that is the question...
I'm trying to be less empathetic when it comes to most business decisions. I also try to enforce the lease as letting things slide is a slippery slope. I wondered ...
Ben Volkman
Bank Account Set Up for Expenses
When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account? Do you lump them into one account and then dip into it when a vacancy or other expe...
Megan Phillips
How to start in expensive areas
Good afternoon!I have been reading books/forums and have attended some local Investment info. groups near me, I know that investing in rental properties (owner occupied to start with an FHA loan most likely) is what I...
Jeff G.
Janitorial Expenses - Looking for Cost Benchmarks
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...
Tyson Hosey
Monthly *expected* Expenses on a Flip
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...
Edward Pulido
Tenant Left Without Paying Additional Expenses
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...
Trevor Yasunaga
Calculating expenses in the Oahu area
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...