Rick L.
Calculating Property Value based on NOI (Net Operating Income)
I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
Peter Morgan
Split AC vs HVAC system
Hello,I have a 15 year old HVAC systems in my multifamily duplex and I think both the units have reached end of life.i came across mr cool mini split 24k btu on sale for $1500 and thinking about replacing my old HVAC ...
Patrick Philip
How do I learn how to estimate repair cost?
I have the money to start another mass mailing campaign, but my sticking point is that I don't know how to accurately estimate repair cost. Where do I get started in learning how to do this?At this point, I'm not even...
Eric A.
Rental home caught fire + renter's insurance
Hi,
My rental home caught fire and received some extensive damage. The tenant does carry renter's insurance. Do I have a legal claim to collect from his insurance?
Thanks!
Kyle Holmes
Best property type for BRRRR investment strategy. Tips/Tricks...
Looking for the best type of property to use the BRRRR method with. Also best HML, any tips or tricks of the trade are welcome
Austin Underwood
Cost Segregation Studies on new build SFHs
I am building single family properties and renting them out. Cost is around $160k each. If I am buying many of them (6-12), can I get a cost segregation study on one property and use that for all of the others?? F...
Julio Gonzalez
Important Considerations Before Demolition or Renovation
When you are demoing or renovating a building where you tear out HVAC units, lighting, and other components, these assets are considered retired or abandoned from the building. Therefore, the book value of these asset...
Douglas Holt
Real Estate Professional Status and material participation in new development hours?
I am looking to understand if development and construction hours for new multifamily project are eligible for material participation to earn real estate professional status the year it comes online.I have land and loo...
Dane Moreton
Captial Expenditures- 2023
Doing some research and analysis after reading some of the Bigger Pockets Rental Kit, specifically the Capital Expenditures section. The book was written around 2014. The author has the monthly capital expenditure cos...
Carolyn Baek
Building a materials list
As a first time rehabber who is planning on flipping two properties in Jersey City and in Dumont, I would appreciate any advice/tips you may have when it comes to putting together a materials list and whether those in...