Isaiah Radford
Dauphin island short term rental expenses
I was wondering if there is anyone on here that invests in dauphin island that could inform me on what the average cost of utilities like electric bills water bills etc and the cost of insurance in dauphin island.
James Masotti
Time and expense to run title
In Delaware we use attorney's for title check. I'm considering a purchase of a property at Sheriff Sale, where you are not guaranteed clear title. My attorney quoted me $125 to do the title search and that he would ne...
Yos W.
Rental Property Expenses for tax deduction
As a new landlord, I wanted to ask the veterans on tax deductions for expenses I incur on the rental property.things like: Bathroom Remodeling expenses made by me.. (or by contractor), plumbing expenses for unclogging...
Jackson Madonna
Short-Term Rental Expenses & Management
I wanted to know the differences or extra costs involved in converting a multifamily building into a STR. I was wondering why the STR numbers on the property I am currently looking at are so much better than the LTR n...
Shane Edwards
Writing off Expenses for a Project
Hello,I bought a fix and flip property last year, did some demo to it and found that the property was not worth renovating(too much structural damage). I have about $80,000 in demo, Lender Interest, and other holding ...
Taylor Stone
House Hacking Expensive Markets - Redondo Beach
I'm looking to house hack in the South Bay (Redondo, Hermosa, Manhattan Beach) which is a fairly expensive market. I was renting there for several years but now own a house down in Long Beach. I am looking at 2-4 unit...
Allie J.
skewed data for apartment expense ratio?
Hi all,I was reading this article here: https://www.realpage.com/mpf-research/size-matters...and feel like their graphs and whole story is pretty skewed. Just because their expense ratios peaked around 08 doesn't real...
Clay W.
Tax and Expenses Allocation for Land
I self-prepare my annual tax returns and have a tax scenario/question regarding the allocation of Property Taxes and Carry Expenses for land.In 2022, I purchased a vacant parcel of land that is zoned for multi-family ...
Account Closed
Reducing capital requirements - reduce construction expenses
Sounds counter intuitive, but how can you keep your seed capital requirements low through efficiency improvement/scale? What do you feel is the best way to keep your construction or remodeling costs down when you are ...
Jonathan D.
Multiple LLCs and Handling Loans/expenses
Hi All,My partner and I have started our businesses flipping homes. We have our main LLC (call it LLC-1) and then each property we purchase and flip gets their own LLC (for risk reasons). We have a general loan for al...