I have searched far and wide turned up little on the matter of common expense allocation. So what is the proper way to allocate common indirect expenses not attributable to any one property across a range of propertie...
Hey everyone! I'm in the Snohomish county area looking to purchase a rental home. Mainly in North Everett & Lake Stevens. I was curious of the expenses to expect when purchasing and analyzing. I understand some in...
Hi BP Community,I had a few questions concerning expenses when owning a multi-family property. I am a first time home buyer and looking into a duplex. I will be putting 3.5% down with an FHA loan. I am doing some cal...
So I know with the 50% rule you should account for half of your rent to go towards maintenance and repair expenses. Since not all expenses are going to happen every month like capex (is that how you write it or is it ...
Does anyone have any recommendations for the best program/software to track rental property expenses and income?
I have been reading rich dad poor dad and he seems to separate expenses and liabilities into two different columns. I guess they are two different things ? For some reason I see them as the same thing since they both ...
New rental investor and soon to be landlord here. I’m doing the math on evaluating properties and having a hard time getting realistic monthly expense estimates for a 2 bed/ 2 bath condo and/or townhome. So far here’...
Hi BP,Can I ask you all what are all your monthly reoccurring expenses for your STR? Like cleaners, cable, internet, etc?Thank you!Gulliver
What’s the best way to obtain accurate expenses from the seller for repairs and maintenance of apartment buildings (6 or more units) when it’s apparent that expenses should be higher? I notice that listings tend to s...
What is a good rule of thumb everyone is using to calculate expenses on smaller multi family facility’s when doing a quick back of the napkin evaluation on a property (5-20 units)? I typically use 50% of the stated gr...