What is the best way to deal with Cap Ex monthly expenses? Here's two methods that I was considering when I'm calculating my cap ex cost and wanted some feedback as to what is the best method. Option 1: Build the...
I have a couple questions around bookkeeping and taxes for rental properties. I recently had some work done in the basement of one of my multi family properties that amounted to $4300. It was really needed because w...
We bought our first multifamily last year. We purchased "as is" on a nearly turn-key property. The roof is nearing it's end of life, a water, and gutters need replacing. Besides the fact we didn't walk into this with ...
I am trying to understand the best way to figure out the most accurate way of calculating costs of maintenance and capital expenditures. I am thinking it could be 2% for one and 15% for another by seeing what conditi...
Hello everyone. This is my first time posting to BP as I continue my education into investing in Real Estate. I'm looking into purchasing my first property in the next few months after accruing some more savings to ei...
Hello BP,
I'm in the process of assessing deals in southeast Baltimore (Butchers Hill, Upper Fells, Highlandtown, etc) and can't seem to make any of my numbers work. My variable expenses (CapEx, maintenance, vacancy...
Hey all -
I am currently working on creating a house plan. I recently bought a 4-family and want to make a plan for the next several years, with capital expenditures expense tracking rent roll etc etc.. inter...
I'm currently comparing two 4-plex units. Each unit contains 2 bedroom and 1 bath units and are comparable in square footage. Property A is in a better location, older, slightly outdated, and each unit is renting out ...
I am very excited (and very anxious) about getting close to purchasing a MF property. I am analyzing a half dozen MF properties (15-60 units) and going over some spreadsheet analyses. I have gone through BP forums ...
Whats the best way to account for capital expenditures on a 10 year pro forma? Also, how do you account for maintenance/repairs? I personally feel like %calculations can be rather inaccurate because the same buildin...