What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...

Curious what everyone here has been averaging on STRs in the Destin/Ft Walton area? Some of the profits and losses I’ve been seeing in certain properties have been significantly lower than Airdna projects, with only a...

For example, if my salary is $60,000, and I receive $12,000 in rental income (12 months of $1,000 in rent.. of course this number does not include deductions like repairs, taxes, interest, etc), does that mean the gov...

Thank you in advance for answering my question. I've been a contracted musician here in Orlando at one of the theme parks for 2 years. It's very steady income and I receive a 1099 each year. I'm also a contracted web ...

What percentage of expense/gross rent income do you expect for a 40- unit apartment building, built in the 1960s, class C building? 40%, 50%?

In @Brandon Turner's The Book On Rental Property Investing, one criterion he uses for screening tenants is that "their gross monthly income must be approximately three times or more the monthly rent."I would like to a...

I have a married couple prospective tenants that look ideal; credit scores above 800, previous homeowners, etc. Rent is $2400/mo so I require $7200/mo income.  Husband is currently unemployed (due to COVID) and wife m...

I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".

I think a more useful metric would...

Should expenses related to Collection and Damages (caused by a tenant on his way out of a property, above and beyond any security deposit) be subtracted from Gross Operating Income?  Or should they be added to Operati...

Hi,

What % do you use as your "rule of thumb" for estimating annual operating expenses when evaluating an income property? Here in Tucson, AZ, most properties that I manage for clients are running between 20-28% expe...