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Hello All! I'm a new member of BP and I'm trying to take my analysis to the next level. While I have always known that I need to account for Maintenance & CapEx expenses, I've just made sure that my "cash flow...
Hey, I wanted to just ask a couple questions regarding some aspects that will impact underwriting of multi-family properties.. I've really been putting in a ton of work to learn the ins and outs of the game here but I...
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I have 1 section 8 tenant and they have been good for years. Today I received a letter stating i failed inspection for items like a hole in a door and broken garage window. These are all items the tenant should be res...
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I am not managing my property and have a property manager, so I get a reconciliation of what the property makes minus the charges for the supplies, repairs, etc. I currently use Stessa and their bank to manage my acc...
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Hi all. First time investor here looking for some advice. I purchased my first home in upstate NY recently to turn into an Airbnb. In short, the contractor we hired has been terrible. We original got an estimate from ...
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Is it worth the effort to do Cost Segregation Depreciation for a smaller 4-family residential building?
According to the IRS there are several methods of doing a cost segregation analysis, one of which is a '...
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Hi everyone,
First time home investor here. I have a single family home 3 br, 2 ba home that I've been looking at in the Kansas City Metro area that is a good value, solid ROI, great neighborhood, and good cashflow...
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What is the standard protocol for paying contractors when doing work on your property? I am a new investor and beginning my first larger scale project. The contractor is requesting 40% pay at the start of the project ...
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Are supply cost high for flippers right now? What’s the average price per sqft to rehab in Lakeland? I’d love to chat with other Lakeland investors.
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I am currently in a tricky situation with one of my investment properties in bakersfield, CA. The previous tenant moved out, and my property manager sent me a list of items that the tenant is disputing (i.e. they want...