In a Land contract are the monthly payments the mortgage (assuming there is one) AND the utilities on the property. or just based off the mortgage?
Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
I've read that capital expenses shouldn't be included in an NOI calculation, but is it ok to include a per-door reserve? (By OK, I mean if I include it and use the resulting figure as reasoning for making a specific o...
Hello BP, I am looking to 1031 a few properties that I currently own in Redding, CA and roll them into a larger investment with better cash flows. In short I have sort of house hacked a 4 plex and an SFR and would lik...
I was wondering if you folks are deducting mileage expenses from driving to and from your rentals, for the purpose of showing the property, placing tenants, and doing repairs. To clarify, this is not with a business '...
Out of the different software featured on BP for totaling material expenses, which one do you all like the best. Thank you
I'm putting the finishing touches on my excel spreadsheet and am hoping someone can help. I've searched a lot of places and can't find the answer to whether vacancy is considered an operating expense? Thank you!
When managing the finances that are associated with Real Estate Investing, what types of expenses should be tracked on a monthly basis? And based upon the amount of rentals you have in your portfolio, would it be bett...
I am 18 and will be buying a duplex to live in during college and rent out the other side. I have found one for $135,000 with separate water and electric meters. Outside of principal, interests, insurance, down payme...
I've recently learned how to run numbers for property depreciation as a contra asset, yada yada. Now we bought a new $600 fridge for the mobile home we're renting out that we paid $12,000 for. I'm taking the election ...