Rachel Schlabach
Pros/Cons of landlord *choosing* (gasp!) to pay all utilities
Choosing to pay utilities seems antithetical to most advice I've heard, but hear me out.My husband and I just bought our first investment property. I am a nurse, he is a surgical resident. As the one with more free ti...
Anthony Bauman
Multifamily income vs. expenses
Hi!I'm 19 and new to real estate. I was thinking about investing in a multifamily house in New Jersey or Chicago but I found myself with a few questions and I was wondering if anyone could help me :)I was looking for ...
Matthew Kinsella
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.New potential investor. Just trying to get my feet wet here and I honestly don't know if I would go for ...
Mark Forest
Deducting vehicle expenses
I just bought a cargo van that will be used only for my rental properties. I know there are two ways to expense the costs; either direct expenses or mileage. Which method do all of you use and why?Also, I want to ma...
Brett Bessette
Utilities Usage Per Unit Monthly
I am new to Bigger Pockets and looking to invest in Apartment Buildings in North Providence, Rhode Island. I have broken down all projected expenses for the property I have in mind in order to find the NOI and compare...
Kenneth LeBeau
Business Finance Question - Commingle
I'm a newer business owner with a recently set up LLC and I was wondering if I should be more careful about how I pay for things for the business. Sometimes I pay for things directly from one of my personal accounts e...
Zac Smith
Expense Valuation on 55+ unit
Hey everyone, I'm evaluating an apartment complex in Central Texas. After going through the proforma I made, my NOI seems way low. I can't base the expenses on real numbers, due to not having anything that's current (...
Amanda Barbeau
Utilities in St. Louis
Hi all. Newbie here. I noticed Brandon Turner often mentions his tenants pay all the utilities in his rentals. That was a new concept to me, since every apartment I had ever lived in the landlord paid water/sewer/t...
Leslie Jerue
Question about owner occupied 4-plex and owner paying rent
Hello All,I'm still learning the 4plex game but recently purchased a 4plex in Alaska back in March 2016 and moved into my unit in May 2016. There were already existing tenants and I had to give one the boot to move i...
Andrew Michaud
Do these income/expense numbers work for this 3 unit multifamily?
3 unit multi-family. Appraisal value 90k, selling price 70k. 15 year mortgage at 4.5%. Down payment 20% or 14k. Annual mortgage cost $6300.Rents:2 bed $600/mo tenant pays electric and heat1 bed $550/mo tenant pays ele...