Darian Berry
Calculating Fixed Landlord Expenses
Hi All, I just recently watched one of David's webinars and noticed that he doesn't put any expenses in the Fixed-Landlord Paid expenses section other than insurance. I know if you aren't putting 20% down you would ha...
Ryan Fisher
[Calc Review] Help me analyze this deal
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Jeff Petsche
Variable Landlord-Paid Expenses. What are the typical % used?
When factoring the variable landlord-paid expenses, what percentages of GSI are "typically" used (rule of thumb) for the following:Vacancy (I've been told conservative is 10% and if deal still works at 10% then you sh...
Jeff Caravalho
Income property - converting basement to 2nd unit
HI BP, I anyone buying properties with basements and turning them into duplexes with an upper unit & lower unit? I'm thinking of partnering with my cousin in Dayton, Ohio and there are a lot of houses with basem...
Brandon Sturgill
BP Community Please Offer Feedback on Seller Finance Deal....
I am structuring a seller finance deal and wanted to check myself on some numbers before offering.3-units (1 SFR and 1 duplex)C-class propertiesTypical Cap Rate for area 8-9%Combined Monthly Rents $1,500 (no landlord ...
Nik Moushon
Medium MF and BRRRR (Calculator) Questions
I'm relatively new here to BP so still trying to understand how everything works. I'm having trouble understanding how exactly the BRRRR calculator works in regards to MF. After putting in the purchase price and other...
Tracey Hamilton
TItle in personal name but expenses paid by LLC
When doing our first flip project, we purchased the home in our personal names. We used money from our LLC account for the purchase, but IIRC the actual cashier's check to title company was in our personal names. We ...
Keith K.
Utilities expense paid by renters typical... or wishful thinking?
In doing early analysis on potential investment properties for buy-and-hold, I check Craigslist and other online tools to find rent rates for properties close to my prospect property. These listings often will say th...
David Sisson
How to deal with expenses paid out of pocket?
Hi, I'm a new owner of a distressed commercial property. The property is owned by a LLC. I own the LLC outright. I've set up a separate bank account for the LLC, and am tracking all expenses through quickbooks.I've be...
Jason Riddle
Invoice Expense Dates - Use billed date or paid date?
I'm trying to understand what date to use for categorizing expenses, I have the following example.Say someone sent me an invoice for work done on December 30th, 2022. I'm not able the pay that invoice until Jan 1st, 2...