Disia Page
Lowering Expenses or Cash Flow or Both???
I recently wrote a post about wanting to house hack in Socal to lower my living expenses and I received a lot of great feedback and advice. I am also just as interested in buy and hold investments in the Cleveland mar...
Koko K.
Investing in an expensive area (or not)
So, I live in an expensive Southern California area near the coast. The average home around here is $500k. If you're lucky you'll find something at $350k. The cheapest properties are mobile homes between $50-100k with...
Andrew Anderson
Are these realistic expenses? (tri-cities, WA)
Hello BP Community,I'm looking at a 28 unit off-MLS multi deal that I believe I could at least put a bid on, but (as usual) their reported operating expenses seem low (esp maintenance/repairs if they assume CapEx in t...
Jack Smith
Turnkey and question about expense tax deductions
Howdy y'all. I heard it was possible to claim expense deduction during taxes on real estate expenses such as repairs, maintenance, and more. Was wondering if these awesome expense tax deductions also apply if I own a ...
Timothy Metra
What can I claim as business expenses?
I'm not sure if there's another place I should be asking the specifics on this question due to the fact that all states are different, but I couldn't find much with my research.I'm in the process of starting an LLC, b...
Kris Barney
Partial VR ownership; house visit expense deductions
Some friends and I are considering buying a VR together, which we plan to use a little and rent out the rest of the time. I believe if I owned the property outright, I could deduct 1-2 visits per year to the property ...
Zachary Sales
50% Rule vs. Applying Percentage for Expenses
When analyzing deals, is it better to apply the 50% rule to a deal, or go through and apply a certain percentage of rent to anticipated expenses, being Vacancy, Maintenance, Capital Expenses, and Property Management? ...
Adam R.
Proof of Income & Expenses on Property
I just signed a P&S on my 1st commercial property. On the P&S I requested the past 12 months of income and expenses. What should I expect from the seller as far as detail? Just a pro forma income/expense sum...
Jeremy Sharp
personal or business account for misc expenses
hey hey...I own a duplex in cincinnati that is currently being managed under a property management company (while my wife and I lived in Japan and now have since relocated to Lexington). The house is set up under it's...
Justin S.
How important are expenses when analyzing deals?
I know the importance of adding expenses when analyzing properties. My friend who is a real estate agent just started investing in rentals and said that she does not include expenses like property management and cap e...