Hi everyone,I am wondering if for my first deal I should be only looking for cash flowing properties. They are hard to find where I am. But there is a lot of potential for me to lower my expenses (rent) by a few hundr...
When analyzing expenses, how do I factor in water bill? Do I just list it as water bill under the expense list?
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
What are seeing on your tab to have your taxes done?
Hello,
I am in the process of setting up a SDIRA to purchase my first rental property. I am still trying to decide whether to buy it outright with the SDIRA funds or leverage it by borrowing about 50%.
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Hello,Really appreciate advice on the two question below:1. I currently own a LLC with my husband, which has an rental property. I just became a real estate agent. Can I perform real estate agent activities under that...
If you owned a great 2-4 unit property in a well located area B/C how would I increase profit/cash-flow and decrease expenses. Through your experiences what have you done to control and stabilize both issues?.
As a long time lurker, but first time poster, I have to tell you all that I am really impressed with the quality of the posts and all the awesome cooperation shown in this forum.In an older post Jim Johnson said "In o...
Hey Everyone, If you caught my last thread you will know I bought a couple mobile homes to be used as rentals. Both of these mobile homes need repairs, flooring, cabinets, sheetrock, windows, siding, etc. Once fixed...
I am frustrated with trying EXCEL. I would love to know if there is a good old fashion blank spread sheet for rental property income/expenses and another for Cap Ex? I would prefer to take a blank sheet, fill in the...