Adam Smith
Annual Expenses Growth
When buying multi-family homes what is the typical Annual Expense Growth Percentage that can be expected.
Mike Sfera
Expense Estimate Resources
Are there any good resources online to be able to get an idea of average monthly/yearly expenses like utilities, etc. for a given zip or city?
Eric Lopez
Estimating Operating Expenses
To my BP family,When I am running my pro forma on a potential investment property, I always get stuck on whether or not my expense numbers are correct. I can accurately estimate utility costs as most util companies ha...
Salvatore Giancola
Student rental expenses
Hello BP world,
I'm trying to run some numbers on a student rental we're hoping to put an offer on.
Issue is, I really don't know how much to factor in for utilities (water, gas, electric). I guessed at $400/month...
Laura Yazdi
Expensing Moving Costs
Can I expense my moving costs if I am moving across the country to pursue RE investing full-time in another state? Can I write off BOTH the moving truck that I will hire AND my entire cross-country road trip (hotels, ...
Yue Tian
AirBnb Expense Writeoff
Hello, I started my first AirBnb late 2023 and it was rented out for less than 14 days. Based on the 14-day rule, I don't need to file any profit from my short term rental. However, my main expenses (furnishing the pr...
Jason Allen
Subletting Expense deductions
I am subletting a property that I am planning on purchasing the set up where instead of any type of security deposit I am re-having the property which is necessary before I rent it out.I will have about $20,000 in exp...
Andrew Robbins
Is it less expensive to rehab in less expensive markets?
Newbie here from L.A. Obviously expensive to start flipping here, so considering starting in less expensive markets. Here's what I don't get... In browsing other markets, I often see wholesale listings that need 10...
Kerrie Dare
Do you use 50% expense estimate or itemized expenses in analysis?
I'm about to start analyzing 150 deals over the next 90 days to get more experience. In your deal analyses, are you typically using 50% expense estimates or itemizing expenses? My general idea was to start with the 50...
Account Closed
6-plex seller gives me expense spreadsheet, expenses seem unusually high?
attached is what I was given. they seem high to me, wouldnt the owner "want" to show me low expenses? these dont even include taxes which are $4,800/year. this is a 6-plex, seller is asking $210,000. it is located in ...