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Scenario: We acquired an SFR in the Southern California mountains in 2021. Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...
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Hi all. Newbie here and new to calculating the deal.
What cap ex number or % do you use for calculating expenses on an apartment, or is there no cap ex for an apartment and instead is only maintenance and HOA ?
Th...
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Tennant of 2 years did final walk-through with landlord in person, noted various issues like fridge/oven/microwave cleaning & one missing garage key. Some burnt out light bulbs, dirty unchanged air filter, dust/ha...
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I received a termite report for a property I was looking at buying. It has small stuff like water leakage at sink fixture handles, water leakage in sink drain pipe, water stain beneath sink. I think a turn of a scre...
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Hello all: I am curious how your CPA or tax preparer handles these items.Had a conversation with a tax preparer yesterday about replacing a front door. He states he expenses the item that year rather than depreciate i...
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I'm looking at purchasing my first commercial property and wondering how screening company tenants works compared to residential tenants. What do you make them provide?
Hello BP CommunityI have a rental mid-$500K SFH in suburbs of Washington DC. This a typical suburban community with homes that are 5 bedrooms, 2.5 baths and 2500 sqft of living space. The house was built in early 90s ...
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Had a tenant move out last week and seems like they got me. They've been good renters for 3 years and when they moved, I guess they just felt like I owed them a favor. They blew my phone up over the past few weeks t...
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Hi BP community! Excited to see all the information I’ve taken in over the course of a few years on real estate. Currently, I’m in college and will be graduating this spring. I’m new to this so I’d appreciate the pati...
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So as I have read so much information related to real estate investing I am left with some questions that appear unclear. As a BRRRR investor analyzing so many deals and making offers on even a smaller percentage of t...