Lisa S.
Need ideas on how to cut expenses
hi all, I have 2 small multi family (4 units) and I am getting killed on expenses each month. They are averaging $3500 each month and that's before the bills are paid. Most of the tenants are section 8 and call for re...
Davon Lowery
funding for your deals or business expenses
I have learned that I need to preface my post by stating that I receive no commission, kickbacks or compensation for sharing any information. I just got a email from Wells Fargo confirming what a banker that I could g...
Account Closed
Energy efficiency to lower your operating expenses
Do you have a multi-unit commercial property where you're in charge of the electric bill? Are you looking for ways to extend the life of your property while making a 30% ROI? Have you considered updating the lights, c...
Clark Kirkpatrick
Is an umbrella policy a business expense?
The reason for the umbrella policy is the business - it increases my net worth (so I'm a better lawsuit target) and it increases my liability (tenants, contractors, the neighbor who walked by and slipped on the ice). ...
Patrick Menefee
How are non-LLC business expenses handled?
I have 2 properties under contract, one in my name and one in the name of my LLC that I just opened. I have a bank account and credit card I’ve been using so far for the one in my name, and once I get my EIN I will op...
Account Closed
Please Help . Expenses in the Lehigh Valley
Hello fellow members.I am looking into small multi family in the Lehigh Valley area in Pa and I was wondering if anyone can help me with estimating some monthly expenses such as electric and sewer/water? Obviously it...
David Sisson
When is a free building too expensive?
I have an opportunity to get a large (8,000 SF) commercial building for free. This building is historic, and would come with restrictions. It's also in very rough condition, with an estimate of $1M plus in order to ge...
Robert Silvernagel
Passing rental expenses through to the landlord
Hi biggerpockets community! I come to you seeking sage advice yet again. So here's my situation. I'm currently handling all management of a friend's downtown Seattle condo via Airbnb while he's living abroad. Things h...
Nick Schmid
Overlooked Multifamily Landlord Expenses in Philadelphia 2019
I am currently seeking a 1-4 unit multi family property in Philadelphia. I have been analyzing many properties to find one that fits my criteria. I am finding there are some expenses associated with being a landlord i...
Jonathan Johnson
RV Park Expenses - How Much is it?
Hi everybody.
My family owns a 60 acre lot outside of the under-served market of Midland Texas. I'm think about putting an RV park on it. What I'm trying to find out is this: How much does one RV space cost per mon...