I am thinking about buying a townhome in a nice part of the houston, texas area which will probably go from anywhere between $150,000 - $175,000, to live in for about a year and then plan on finding renters to move...

Question for the forum. I have a tenant that caused damage to the property, he has admitted fault in writing and said he would pay what is owed. I told my PM to send the bill directly to the tenant and have him pay si...

Hey All,I'm new to real estate investing and still trying to learn how to accurately estimate expenses prior to reaching out to a realtor. I have a lot of interest in the Phoenix market, but most of the deals I've loo...

Hello all,
closing this week on a triplex in muskegon, opened up an HSA account, set up an LLC to buy the triplex owned by the HSA , my property manager will manage the triplex. I have a high deductible health insura...

I have a newbie question regarding income for an LLC. If a property grosses a 100k, nets 50k after expenses, and then capitalizes the other 50k in improvements to the property, what is the income that is taxed? 100k?...

My wife and I have purchased a home that we intend to live in while our new construction is being built. I have purchased the home in the name of my LLC and will be living in the home while it is being remodeled. 
Wh...

It is no secret that expenses have increased substantially in the recent past. In the last five years, the Seattle region has seen general apartment expenses rise nearly 25%.  With expenses steadily increasing, it is ...

What do you guys think? Two 3-family apartment buildings on one lot.

Purchase price $300,000.

Gross rent:$4,800/mo - $57,600/yr

Cleaning and maint: $1,200/yr

Insurance: $3,400/yr
...

I know, I know it will vary based on costs, utilities, taxes and deferred maintenance etc. but is there a rough estimate that you use for back of napkin calculations for NOI as a percentage of the gross rents?

I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...