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Results (10000)
Sara Valentine Colorado requirements for smoke and carbon monoxide alarms??
2 September 2024 | 2 replies

I am installing wireless, ten year lithium battery combo smoke and carbon monoxide alarms in my rentals. I do not want the hardwired combo (more expensive and complicated to install) - From what I've read, hardwiring ...

Monica Garguilo Using mortgage pmt to determine cap rate
1 January 2016 | 16 replies

Hi - can somebody please explain why the mortgage expense is removed from the NOI when calculating the Cap rate?  A mortgage pmt is a monthly expense, so if you account for it when you determine your NOI, why is it re...

Ellie Narie Who is allowed to claim rental income?
11 March 2018 | 2 replies

If an unmarried couple wants to buy or build a fourplex, should both of them be on the deed? Who would be allowed to claim the rental income? Let's say one spouse works and earns money, and the other spouse doesn't wo...

Fahadbin Alam How much should you pay yourself?
7 February 2021 | 5 replies

So I got my rental property going and I don't know how much to pay myself.1. How much would would I pay myself? Would it be 50% after all the expenses are done and leave the other 50% so if something happens to the pr...

Tony Tibbar Mileage tax reduction
6 March 2019 | 7 replies

Currently mileage is 58ct/mile. A] Does that include everything (gas, repairs, etc)?B] Does the LLC need to own the truck to deduct this expense?--- If not who deducts the mileage? ------ B1] The LLC (and passes it on...

Maria Vazquez Advice on how to evaluate a fourplex
29 January 2017 | 10 replies

Hello Friends from BP,I'm a newbie investing, while looking at SFR, I came into this 2 Fourplexes. Could someone kindly advice me how do you evaluate them and what kind of information should I ask for? I ask the broke...

Antone JAmes Deal or No Deal for a Triplex
18 December 2017 | 11 replies

Greetings,The deal (Triplex, 3-unit) VA financed loan (no money down!)purchase price- $400,000 @3.375%property tax- $1200 AnnualInsurance- $1000-1200 AnnualUtilities $3600 (water only) Annualother cost ($200) Annualva...

Bill J. Multi Family & the 50% rule
2 May 2016 | 4 replies

Does the 50% "rule" have a sliding scale? Obviously an older property will require more repair and maintenance than a newer one would. Is it fair to assume for older properties I had better budget 50% of monthly incom...

Richard McRae Biggest Underwriting Mistakes Incurred by Novice Investors
29 January 2016 | 3 replies

I see many properties advertised these days with unrealistically low expense ratios. Inexperienced investors that are excited to make that first acquisition need to be aware of and understand how to accurately evalua...

Anna Ward 1099 for rentals
28 January 2021 | 7 replies

does a property management company report the gross or the net rents on the 1099 sent to the owner