At the beginning of last year we owned one single-family home as a rental property, in another state. Last summer, my wife traveled there to look for another property to purchase, found one, and we bought it. She al...
Happy Friday everyone!When contacting a listing agent for a property that is for sale, is there "proper etiquette" to request a list of records of both cap expenditures and normal utility expenses? If so...please sha...
Hello!I am looking at a house hack in Easton, PA. Prior to making any decisions, I want to make sure I properly analyzed the property (specifically expenses that would be associated with the property).The list I came ...
Do repairs (fixing what breaks etc) and maintenance (on going pest control and other maintenance done monthly) go into the same category when tracking these expenses or can I just put into the same (repairs/maintenanc...
Just brought my first duplex on Tuesday. I moved in and received my first months rent. What is a good spreadsheet to use to track income and expenses?
Hi all. I wanted to ask about some measures you use to cut down expenses on a property. I recently fixed the fireplace and hired a plumber and thay was $2000. Any ideas on how to get contracted services for cheaper?
Howdy!
I just began my first yellow letter campaign about a week ago. I received a call today from an agent about a 4BR/4.5 bath house that is listed on the MLS for $1,045,000. The owners purchased this pro...
Im new to REI. Can anyone give me a rough percent estimate of total expenses including tax, insurance, and everything else.
Hello BP, thanks for taking the time to read and help me out!I'm looking at several student houses in my area (currently a Master's student myself, so trying to multi-task getting my M.A. and real estate investing) an...
First post after some reading, should be closing on a owner occupied triplex in 2 weeks.The calculations I’ve made deducting vacancy rates and maintenance I’ll have to pay about 200$ a month I’m going to open a second...