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When using a BRRRR strategy or any real estate investing who typically pays for the variable expenses, such as gas, electricity, and water? Is there any other expenses the tenant covers that the owner does not?
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Hello all,I am new to real estate and have just purchased my first rental property. It is a simple single family home where I am renting out to 4 single tenants. I am looking for a simple spreadsheet that can help m...
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Hi all,
I am currently analyzing my "baseline" expenses for my property analysis and wanted oppinions.
Currently in Ontario, Canada, do some of these seem too high or unreasonable?
I know they say that most prop...
Is it considered bad if the rental income doesn’t cover the expenses? For example paying a certain amount of money per month out of pocket to cover expenses. Or does it not matter because of the appreciation of the ho...
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I'm a veteran and have the unique opportunity of not having to pay property taxes on a primary residence of up to $2.5m (in Cook County). I am debating the best way to take advantage of this.The most obvious would be ...
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Hello BiggerPockets community! I am posting a question to much more experienced investors today, as I am a newbie hoping to purchase my first property soon at the age of 20, about what strategy works best given my mar...
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We are looking for a program to help analyze deals, create a detailed budget, and then track our expenses for each project. Currently using excel with multiple spreadsheets and box.com to keep expense records, needing...
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Hi everyone,As the title says, I am curious how much in savings I should have to pursue becoming an agent. I have a W-2 making around 55k per year, but work the hours of 3-11. Ideally, I would start my real estate car...
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Hello All! My husband and I just purchased a property that needs some work and am looking for a useful expense spreadsheet. Something that will help keep track of all expenses and help to stay organized during the ren...
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Hi, I'm just starting out and looking at a property in the 2 mil range with 10 units. It is a historic building in a Class A+ neighborhood. The property can pay the mortgage and opex, but doesn't provide any return on...