Haney Mallemat
Estimating expenses on 10+ unit buildings
Hi BP,When you are determining a potential investment property where there are more than 10 units, what % do you use for monthly expenses such as: 1. CapEx2. Maintenance3. Property managementI know these are variable ...
N/A N/A
Starting out - expenses to worry about
Other than mortgage payments and taxes, what other costs do I need to worry about when it comes to income property? I want to find property that is profitable, but I first need to know all the expenses I should look ...
James Colton Lawson
Burlington, NC Taxes, utilities, etc expenses
I am a new investor in the North Carolina Triad area. I am currently looking at properties in the Burlington area but would be open to hearing about other areas in the Triad. Because of my new start to the investing c...
Jonathan Bonin
Expensive First House. Buy or Not?
Hello!I am looking at buying a house, and it is on the expensive side when I ran the numbers. Right now it is $300,000, 2 beds and 1 bath in Orem Utah. It is a little old, and some new floors and a window or two will ...
Shaun Weekes
2106 Expenses Are Now Basically Gone!!!
Good Morning BP,If you've ever been denied for a loan because your unreimbursed expenses on Schedule A of your 1040's were too high, have it looked over again.Fannie Mae just updated it's policies on this issue. Here...
Yash Sehgal
Buy and Hold in Expensive Areas ?
Hi Everyone,I am an aspiring investor in the NYC area. I was always curious as to how people are able to invest in this are given how expensive is it. (Home price, property tax, etc) Is it worth investing in high pric...
Adam Jones
Expenses associated with renting MIL suite
I am buying a house as my primary residence. It has a MIL suite which would work well as a rental unit (it has separate access, covered parking, screened-in porch, etc.). I’ve checked with the code office and there a...
Kyle Myers
Non Property Related Start up Expenses
Could anyone provide opinions or even direction/link on previous discussions within BP (I attempted to search already) on startup expenses to expect outside the obvious property related purchase/maintenance i.e. legal...
Frank B.
Expenses, CAPEX, and Maintenance, OH MY!
I'll start out by saying I'm not trying to debate the merits of the "50% guideline." For various reasons, that guideline will not work for me. I don't know what is included/excluded in that value, and every time it is...
Mark Beekman
What was your most expensive rehab?
I've been doing real estate math all day and it got me thinking. What was the most you had to put into a flip/rehab to make it market ready?