Tyler Jahnke
Well, That FLIPPING sucks! Taxes and expenses?!
Hello BiggerPockets!A few things:1. I have no experience flipping a home, but see myself doing it within a couple years.2. I'm always looking to soak up as much knowledge as possible.SO...You found a property, you fix...
Akash Acharya
4 plex operating expenses with 50% vacancy
There is a nice 4 plex that I am currently looking to buy at some point that costs $510k. It's located in Atlanta and is only 50% occupied. It has 3 2bd 2bth(rent is between $2700 to $2800 a month) and 1 1bd 1bth(rent...
Sol Bier
Operating Expenses for Multi Family in CA
Hi All,I am trying to get some back of the envelope, quick calculations for operating expenses for multi family (4-8 units) in LA area. I've seen the 50% all in operating costs being used for the general multifamily m...
Cassie Chun
Make less income or have more expenses?
One of my tenants is going to do the yard work/maintenance regularly. Is it better to take $100/month off his rent (make less income) or pay him $100/month (have more expenses)? In Hawaii, we pay 4% general excise tax...
Jon S.
Lender requests a "Breakdown of Renovation Expenses"
How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
Steve C.
Estimating monthly expense of property BEFORE buying?
I want to buy a $150k-$200k mixed use investment property. The first floor is going to be office space for my practice (Sex Therapist) and the second I want to be an apartment with separate utilities that I can rent ...
Eric Roth
Expenses and Financing in Queens, New York
Hi All,I'm a new investor looking at some small rentals in Queens, NY. Curious if anyone with some experience in that market could chime in on a few budget assumptions that I'm working on. Specifically:- What is a mar...
Juan Santos
Expenses for Lawyers, Accountants, Tax Advisors, etc
Something I’ve always wondered and don’t see much talk about is in regards to taking into account the expenses for Attorneys, CPAs, and others that would be in your “power” team. Shouldn’t this be included in the PITI...
Ronni Jeppesen
House-Hacking - Increasing income or decreasing expenses
Hi there, i am following the "Path to fi", but have an issue on what people share about house hacking. Most time I hear it I hear it as people are decreasing there monthly expenses - but arent it more like increasing ...
Lyle Cooper
Software to track rental income and expenses
What software do you guys use to manage income and expenses so that filing taxes at year end is manageable?
Thanks
Jake