Hoping to get some input on the expense numbers I'm using in my model for Columbus, OH. I'm wanting to be conservative, but not unrealistic. I'm assuming 8% property management (plan on using a PM but haven't sourced ...
Hey all, I'm looking at a duplex property that was just put on the MLS. It's stating that the annual operating expenses are only $500.This sounds unrealistic, correct?If so, is it common for MLS figures regarding GOI...
Currently refining my comps metric and looking for an avg maintenance and utilities (water/sewer) cost for the Cleveland area. Assume property was built after 1900. Any insight would be greatly appreciated.
Thanks
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $185,000
Cash invested: $40,000
This was the typical buy, update and then rent. When we bought it we did not realiz...
My tax preparer decided to depreciate general and foundation repairs which amount to about 12k on my 2021 tax return. Wouldn’t it be better to deduct it rather than depreciate it so that I get a bigger refund?
I am trying to determine my upcoming expenses for a house flip and want to see what some other people are doing for fixed expenses? I am thinking my best bet is going to make an excel document that lists the primary c...
Since I can get a better interest rate on my primary residence, it’s cost effective to max out the loan on my primary house and pay off loans on rentals but only if I can still deduct the interest as an expense for th...
hey everyone, I was having a conversation with my boss & she asked if I’m writing off the interest on my properties as an expense. I had no idea this was even possible. Anyone else do this? If it matters my invest...
What do you factor into rental property expenses? Trying to get an accurate cap rate percentage.
I am looking into doing a couple renovations at once would like to stay in budget with both. Has anyone used a tracker app like HomeZada? If so what was your experience? Do you recommend it? Thanks in advance