Ben Gibson
less expensive markets now or keep waiting in more expensive ones
I am wanting to purchase a SFH to use as a STVR in the San Diego area and then expand to purchasing other STVRs and LTRs in other less expensive markets. I'm starting in San Diego area at the advice of several other i...
Ron Reed
Another newbie expense question
Hello All. Thanks for all of the great info that you provide for us newbies and wannabes. I have another question for you that I'm having trouble finding the answers to. Through the forums, videos and education tools ...
Dom Chit
Decreasing MF operating expenses
We will be acquiring a pair of 11unit 1950s builds. Tenants pay gas and electric. Owner pays water trash sewer. This is billed back via at fer. I was wondering if there were some tips to decrease OE to increase noi. S...
Jonathan Bluth
Expenses for rental properties
I am brand new to real estate and have some questions. - How do I find specific utility costs for my area so I can properly analyze deals? - What utilities are needed? Are these paid by me through the tenants monthly ...
Cole Welch
Rent/Expense Increase Percentages
When using the BP calculators, how do you decide on your Annual Income Growth % (rent) and Annual Expense Growth % inputs? Do you set them as the same % or different? I'm skeptical of steady rental increases for 30 ...
Nick Martin
Airbnb Tax Deductible Expenses
I will be putting my primary residence on Airbnb for 3 months while I'm out of the country for work. I want to purchase several items (soaps, paper goods, additional towels, air mattresses, etc) for use by those who u...
Sarah Camic
Monthly Expense Figures- Maine
Good morning,I am looking for some input from landlords in the central Maine area. In an effort to practice property analysis I need some monthly expense figures. How may units do you have? About how much are you pay...
Taylor Witt
Condominium Underwriting for expenses
I am trying to do underwriting of a group of condominiums that are for sale. With apartments my initial criteria is taking 50% of the Gross Revenue and that's my crude way of estimating expenses at a quick glance. F...
Karen Lee
HELOC interest expense deduction
Hi - From what I've been reading there are restrictions on HELOC interest expense deductions. Does anyone know if I take out a HELOC on my primary residence and draw funds to purchase/improve rental property (1) will...
John Vietmeyer
Expenses invoiced under $2500
Can a property improvement under $2500 be written off in the year it occurs, even if the expense happens before a renter is put into the property?In the old tax system, my understanding was that home repair expenses c...