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Each time I analyze a property in the Rental Property Calculator here on BiggerPockets, I always assume 10% across the board for expenses like Repairs/Cap-Ex/Vacancy/Management regardless of the shape the property is ...
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Considering selling my rental property. I've got a potential buyer so no need for a real estate agent. I financed 100%, the property is about 1 year old and I've offered it at my original purchase price. The buyer ...
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Whats the best way to hand in expenses for Real Estate to an accountant? The first year I brought in a shoebox of receipts :oops: , now I just make a list of numbers next to categories like this:
[i]advertising - $50...
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Lets discuss a little organization. I'm actually about to close on my first RI (no big deal...). I think i'm prepared and ready, but how do you guys organize your finances. Do you guys use a specific program? I wa...
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Home Price130000Max home priceRent Income$1,800Lowest rental incomePrincipal20% down$90.00InterestAmortization table$580.00PMIN/A$0.00HOAN/A$0.00Repairs1%1% of home price or 5% of rent (whichever higher)$108.33Cap Ex5...
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Building a rental portfolio sounds easy when listening to a podcast or reading a blog article where the investor has accumulated dozens of units all at 1% rule multiples. But what to do in a market where you want to ...
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I am a new member eager to learn what strategies work in my market. I just watched the youtube video explaining the BRRRR calculator and how it helps to analyze deals. My question is does the BRRRR method scale to an ...
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I have been contemplating whether or not to claim all my expenses. If I claim, for example, $3,600 in expenses, I might pay around 6-800 less in taxes. However, come time to apply for a new loan, I will show $300/mont...
Does anyone have an Excel template that they use for tracking business expenses and income? Please!!!
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Any recommendations for a free or inexpensive app for tracking expenses and mileage? New to real estate and hoping for a simple way to track. Thank you!