Jay Libowitz
Need to turn on utilities for a few days?
Tenant left the place trashed and it took a week or so to get broken window repaired and stolen stovetop range replaced. I have a new tenant ready to move in, but needs to have inspection with full utilities before mo...
Andrew Whicker
Possible deal..
Hi,
Is this a good location to post some numbers here and have some people weigh in the business deal? I am interested in a Tri-plex to own / occupy, then move out and have as an investment property.
C...
Adam Allard
Is there such a thing as being over conservative when analyzing?
I had my eyes on a small 6 unit apartment complex that I originally thought was a great deal, but the more I analyzed it over and over again, the smaller the margins came out every time. I'm wondering how far off thes...
Nadir M.
Tenant wants to add Son to lease after signing
Hello again everyone,I recently leased my property, in my opinion, to some great tenants. They're retired military individuals and so far things are going well. Currently, the tenants consist of a married couple and t...
JD Martin
Pre-paid rent - taxable in the year accepted or year applied?
Good afternoon all!Before I do my taxes, I have a unit in which one of the tenants (a college student, parent paying) prepaid their rent for the first 6 months of 2016 in late December. Should I claim the income based...
Salil Surendran
Rental expenses in Turbo Tax
Hello,I am trying to enter my rental income in Turbo Tax. I rent out my upper bed room for 3 months of last year. I earned $3000 as rental income in the year 2017 and calculated $200 of utility expenses. I entered in...
Jimi Richards
Power for Ceiling fan power
If ceiling fan has two switches on the wall but only one is used in fan housing (black is wired to fan and light so one switch turns on fan/light and a remote determines the use and red is capped and 2nd switch is ino...
Chino Perez
BP Calculator Question
I’m new to the real estate game and also to utilizing the BP calculators. This may seem obvious to some of the pros out there, but I need to make sure I’m using it correctly. When using it, if a property has already b...
Brock Hoffman
Market in Jackson, MI
Is there anyone that is familiar with the Jackson, Michigan market? I am trying to analyze small multiunit properties, but I am having trouble with utility costs per unit. I think my numbers are coming out way wrong b...
Demarco Brown
[Calc Review] Help me analyze this deal
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