Alvaro Leis
One month rent plus 8.5% for property management?
Hello I bought a house in Atlanta and was trying to get a property management company to rent it out since I’m far from Atlanta (about 1 hour). I found a company with good reviews in google so I called them, they char...
Theresa Horsch
First Rental Porperty, First Major Cap ex
Hello Everyone! Newbie here and my first property is in Longmont, CO which we purchased 1.5 years ago. Loving the BP community and learning lots!
We ran into a major plumbing issue over the weekend that will cost u...
Jonathan Ruths
Reserves and Expenses for STRs
Does anyone find that STRs have higher need for repairs than long term rentals? When analyzing, what percentage of gross income do you set aside for cap ex and maintenance?
William Coet
Net Operating Income: Do Banks Consider A Long-Term Capital Expenditure Budget?
Hello,
I'm trying to calclulate the Debt Service Coverage Ratio. In order to determine NOI, do I include only annual repair and maintenance expenses or also a budget for long-term capital expenditures (roof, heatin...
Brett Holmes
Water bill responsibility with a broken pipe
I have a commercial property and the business owner/tenant called me last week and said he had a busted pipe and that the city came out and shut off his water. The busted pipe was fixed, but now he has a $1400 water ...
Wade G.
Curious What Everyone's Cash Flow Is
My average CF on a 3/2/2 SFH in southeast Harris County worth about 160k - 190k, at 75% LTV, is about $300 month. That $300 month is after PITI only, actual CF after repairs, maintenance, PITI, and vacancies is about...
James Lipko
Cash to Equity Position
What is a typical cash position that you should maintain as a landlord to have for repairs, emergency expenses, buying opportunities, renovations, etc? I am looking to purchase my first rental property. I know what I...
Account Closed
Question about my taxes with my rental property.
Good day BP.
I’ve got a question about how my accountant does my taxes in regards to my rental.
So I rent a SFH to my mother in law for $1,200/month (which is about what the mortgage payment is). Fair market value w...
Robert Howard
Help look at deal to ensure I'm not looking over anything.
I have this awesome deal well I think, but I want to make sure the numbers are right. Could I get some opinions. Here is the link.
Naveen Kumar
Cashflow analysis stumping me
I have been crunching numbers on a lot of properties and so-called-deals and not sure if I am missing something, or just not seeing it.Purchase Price - 100,000Loan Amount - 80,000 (@5%, 30-yr fixed conventional)Rents ...