Joe Zinger
Top 5 items that landlords waste money adding?
What do landlords spend money on for rental SFR that end up being a waste of money? Seasoned investors have probably learned these items over time that new investors could benefit from.
Windows , Blinds, Upgraded A...
Bryan Reid
#1 Item new investors Neglect when Analyzing Deals
With all the focus I see on calculating investment returns, something I consistently see missing in the analysis is: RISK.There are two sides to consider when analyzing any investment: Risk and Return.As a community, ...
Jon Crosby
Itemized (non-breakage) Charges in your VR contract?
Greetings BP STR Community. I'm looking for some templates of STR contracts you use to possibly charge guests for things other than breakage that insurance would cover. For instance, if a guest is noisy and you end...
Brendan Davis
Newbie: Top 3 Actionable Items to Get Started?
First official post to the forum; my name is Brendan and I live in Southern Ohio! My ultimate goal is to wholesale/flip and maybe even own a few rentals. We all know we can keep thinking about what we want to do but p...
Ezekiel Tolentino
50 rule vs 5-10% expense itemized expense
So I’m using the bigger pocket calculator. When I put my expense in such as 5% repair, 5% cap ex, 5%vacancy I get a positive cash flow but on the 50% rule I get negative cash flow. I’m not sure which one to follow. Am...
Max Do
Maintenance Agreements / outline of key items to include
Any good free resources for sample maintenance agreements?
Need to provide esq. with list of items we want included in a shared maintenance agreement. We wanted to look at some sample ags to get a better jist of wh...
Ellen Womack
Itemized Landlord Letter of Damaged Property (Security Deposit)
Where can I get an itemized letter of damaged property as it pertains to the security deposit? I've combed the internet for NC. What am I missing?
Marco Gonzales
Should water be a separate line item income?
We currently charge residents a flat fee for water, $25 for a 1 bedroom and $35 for a two bedroom. My questions is, should I keep water a separate charge from rent or should it be included? Should I charge $750 for re...
Zoabe Hafeez
Itemized Invoices for Rehabs (Contractor v Tax Accountant)
Hi All - my new tax accountant is recommending that all future rehab jobs have a line-by-line itemized estimate for her purposes. I ran this by both my mentor and one of my contractors and they pushed back saying tha...
Darren Cusanelli
Tax items for single family buy and hold
I want to make sure my accountant does the right thing for me regarding when its time to file taxes being that I now rent out a single family home that I bought and rehabed...is there a sort of check list? I am curren...