I have a 15k sf warehouse new build that just got finished. I have it 75% leased. I am missing out on 18k NOI per month because I cant get U&O’s. There is a major backorder of meter stacks going on Nationwide. My ...
How are you guys estimating your repairs? Do you estimate by square foot or by each component of the renovation? Have a 2 bed room 1 bad working with the seller on getting under contract. Needs an entire cosmetic reno...
I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie
I paid $30k for windows this year. 60 windows @ $250 each. My invoice is itemized. Can I claim de minimis safe harbor since each window is less than $2500 and my invoice is itemized? I didn't have to replace them a...
Landlord certification and lead testing costs have become a major issues for landlords in Detroit. This is great for buyers as it is beginning to weed out poorly capitalized owners. However, it is also proving to ...
Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
Hey guys and gals,I just purchased 2 single family houses and a duplex to go along with another duplex I currently own. I'm just curious how much cash I should try to keep in reserves at all times in order to deal wi...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $55,000
This is my first investment property/primary residence. I bought this prope...
Hi all! I've been binging on BP podcasts and recently just made my first offer on an income property back in my home state of Michigan. Link to the BP analysis: https://www.biggerpockets.com/calculators/shared/7...Hig...
Hello there, would anyone have a form or better yet an Excel that can summarize the amount of repairs needed?(to use when you go an see the property)Thank you in advance