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Results (10000)
Sheba Shimoji Pay my own property management company
24 August 2015 | 11 replies

Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...

Gary Dezoysa Does the 50% rule hold true for lower end properties?
1 November 2014 | 5 replies

Hi, I know that if I compared a $30,000 house renting for $600 a month to a $120,000 house renting for $1,600 a month, the cheaper house would have proportionately less property tax and vacancy factor, maybe also insu...

Dennis Haber 12 Unit Apartment Deal? Need advice.
24 May 2011 | 16 replies

Looking at a 12 unit apartment, owner is asking 288k.
There are 3 buildings, one of the 3 buildings is for laundry, hot water
heater and storage. Court yard layout with units facing inward towards
court yard. All si...

Taylor Vaughn Expenses Per Unit
11 November 2014 | 8 replies

Does anyone use rules of thumb for estimating expenses per unit for multi-family property?  I have recently been told:Owner paid utilities:  4K-4.5K DoorTenant paid utilities:  3K - 3.5K DoorDo any owners have actuals...

Andy H. Does your property manager pay you personally or an LLC?
12 April 2015 | 8 replies

Right now we have a separate business checking account (a sole proprietorship) for receiving payments from our property manager. However, I read a post (which I can't find anymore) that seemed to suggest it was better...

Rebecca Pantschyschak Can you run properties as "one business" while in separate LLC's?
9 March 2022 | 6 replies

I've talked to accountants and tax agents and no one seems to think this is a normal situation, but my understanding from the BP world is that people do this all the time - am I wrong? I want to own my properties in s...

Andrew Ramirez Business Expense Question & CPA Recommendation
31 March 2021 | 6 replies

Hi BP, 
Apologies up front if this question is asked often.  In utilizing the search feature, it does not segregate between forums, and it was hard to find the results that I'm looking for. 
Situation is that I'm ab...

Bret Cox Advice on Quad Plex Purchase
4 December 2017 | 4 replies

Hello everyone, this is my first post.  I'm looking for some helpful advice on a possible purchase of a quad plex.  This would be my first investment property.  I've found a ton of useful info on the site and have bee...

Nicholas W. Landlord Rental Management Software
18 April 2018 | 7 replies

I'm looking for recommendations on landlord software for me to track my expenses, repairs, bank account, etc.I do not have an extensive portfolio so it doesn't need to be an extensive commercial grade software suite. ...

Saman Jafari How do you validate the claimed expenses
28 September 2023 | 4 replies

Hey all, I am having a  hard time with my property managers to validate the expenses they claim. For example, one of them changed tge AC for around $1500 without getting approval and this month I get nothing from two ...