Brandon Capelle
Sewer Repair....I'm on the hook for $18k for city road work??
My properties sewer line needs repair under city street - $18k for excavation and road work alone. Sewer line connection to the main is 15 feet below grade so there is a lot of excavation and then road resurfacing onc...
Derek Cox
New investor from St. Louis, MO needs help.
Hello all and good morning, I just purchased my first property, it's a two family multy unit. The home was purchased cash there is a lot of work that needs to be done on it. Is it possible for me to take out a mortage...
Marty Rogachefsky
New Refrigerator - Capital Expenditure or Repair?
New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
Adam Allard
Why is CapEx not a part of operating expenses?
I'm reading an article, Top 21 Real Estate Investing Terms and Returns with Formulas, on some basic terminology. The author goes over what operating expenses are and lists examples, and everything seems normal expect ...
Jeremy Spiegel
MULTI FAM LAS VEGAS ZIP CODES 89104/89115/89108
Hello, I am an out of state investor looking into investing in a multi-family property in Las Vegas. I have looked at a few listings, in these zip codes891048911589108. Looking for local intel on these areas and insig...
Matthew Maynard
Am I running my numbers accurately?
Hi BP,
As I'm looking at properties, I want to make sure I'm running my numbers accurately. I know a lot of things I see online won't be the best deals (not to say they aren't out there), but am I being a little bi...
Chase Waxman
Do you need a home inspection when wholesaling?
What are some other hidden fees they don’t tell you about when wholesaling your first home?
Carlton Ellis
Rehabbers Let's Talk Repairs
The current economic downturn and real estate market offer a great opportunity for rehabbers to make serious money. IF they make the right choice when buying property. My questions are these for experienced rehabbers:...
Chris Ivy
File state taxes if net is a loss?
Hi all, I have an out-of-state rental in Oklahoma. It's net income is a loss due to high turnover costs, management fees, etc. If my net income (rents- expenses and mortgage) is below $0 do I still have to file in O...
Frank J.
Lead me in the right direction
I own properties in and around the midlands of SC. I have a Property Management Company in place; however we only manage what we own. I have a full time property manager/office location and I am in and out of the...