Justin Manges
Hey pros! How are you estimating cap ex?
What assumptions do you guys use when analyzing deals when it comes to capital expenditures? I’m interested in the BRRRR strategy so theoretically I wouldn’t have any cap ex for the first few years.
Robert Jordan
Mortgage Interest Deduction
Hi all. I’m a prospective buyer located in Chicago looking to purchase a 2/1 condo and rent out the second room to a friend. I’ll be able to put 10% down on a roughly $350,000 unit, and will be using this opportunity ...
Wai Chan
Tax write off for rental property in Turbo tax
I have read about two possible legal ways to write off some of the rental income: Take a partial dispositions of asset for a rental property and use that loss to write off the income in 1040 https://w...
Adam Murday
Distance Investing in Multi-family Properties
Hey all,I am a Real Estate investor in Barrie Ontario, Canada and I have been working to put together a team in Sudbury Ontario to take advantage of the lower cost of real estate. So far I have been working on puttin...
Steve Ford
Operating Expense Estimates
I’m considering purchasing a rental property or two in the Dallas area to use as a STR revenue generator and get my feet wet for some passive income before I retire. (Note: I’m aware of the new STR restrictions in the...
Marc Shin
Provide toothbrushes to guests?
Should i be providing disposable toothbrushes and extra toothpaste to guests? Is this an amenity worth spending $$ on?
Ayne C.
Yearly inspection by PM
Wondering if this is reasonable. My PM scheduled a yearly inspection they my property and uncovered these issues:
Sprinkler eroded a hole in the dirt near the house
Fascia has a gap
Tree needs a trim
Kitchen cabine...
Zhenyang Jin
Will personal DTI impact underwriting of commercial loan for 6-units multifamily
Hi all,
I under contracted one 6 units multifamily in Bay Area and doing commercial loan with Chase.
The financial of property is good:
DSCR = 1.3; LTV = 45%;
Both my liquidity and net worth passes Chase's ...
Jonathan H.
Please critique my Excel Property Analyzer
Hello everyone,
My wife and I have been looking at properties for the past couple of days and we had been writing everything down by hand.
I got sick of the disorganization and created an excel sheet to see if prope...
Jabbar Adesada
Maintenance Issues When Renting by the bedroom
Hello everyone, I am going to manage a rent by the bedroom house hack pretty soon and I am curious as to what systems some of you have used to handle maintenance request. My goal is to manage the property as if I’m no...