Nick Mauldin
Asking for actual expenses/income on Multi-families
Hello,How do I go about asking for the actual numbers on the property (Expenses and such)? When it comes to looking at large properties? I'm currently looking at a 40 unit complex that I believe is a deal but I need...
Kanav Kashyap
Good software recommendations for keeping record of expenses
Just starting out in flipping and renting. Primary portfolio to be rental but couple flips mixed in. Would love some ideas and a good software to help establish cost basis and keep track of expenses. Looked into Intui...
Kate Danese
keeping track of expenses and staying on budget
What do you use to keep track of your expenses to ensure you stay on budget for a renovation to flip a home?simple excel sheet? is there a program?
Jason Schmidt
do you prefer cheaper, or more expensive properties?
in our area, there seems to be a good amount of "cheaper" (75-90k) houses that are nice and new. Is this a more desirable price range for you all to buy then hold in order to rent? Or do you like to go with the 200k...
N/A N/A
What percentage of expenses should I factor in?
What are some of the guidelines I should follow when trying to figure out if a deal is good or not?
Say for example i'm getting $2000/month gross from a 4 unit in my area (it's cheap around here)
That house would pr...
Toben B.
Cap rates and expenses on retail strip property
Hello,
I am looking for rough guidelines on commercial retail spaces to help a friend evaluate a property.
Property currently has 3 tenants bringing in @ $50K a year in rent. There is a 4th un...
Barb Asay
Quicken, how to record shared expenses for rentals
Hi, I'm new here and have a question.I have 8 rental units and have been using YNAB for accounting because I LOVE it for my personal finances, but its super limited on reporting so I have decided to try Quicken. I ju...
Joe P.
Rental Expense Numbers for Central PA (Harrisburg area)
I've been running numbers on rental properties in the Harrisburg area in preparation for buying my first property next year. I am curious to know what folks in the area are using for maintenance and capex numbers. I...
Brett Robinson
How to Maximize Cash-Flow and Reduce Expenses!?
Hey BP Community.I have been in the RE game for around 5 years and it's going really well.I own 5 properties that equal 9 units now that I rent out furnished and usually shorter term (1-4 months).I manage the places m...
Connor Heim
Deductible Start-Up expenses for Short Term Rental??
Hi folks,in 2018 I purchased and placed 3 short-term rentals into service -- my first year doing STR. I have filed an extension on my taxes, but want to get them done sooner rather than later. While I have kept good...