Matthew Roberts
Expenses for Multi-Family Properties
Is there a resource on BP with a list of all the expenses a multi-family owner can expect? Taxes, all the different insurance types, maintenance, etc... I have what I think to be at least 95% of the expenses covered, ...
Mike B.
Tenant Passthrough Expenses on Landlord's Books?
All - wondering how owners are booking passthrough expenses on their books. My particular case, waste management on one of my properties will not bill directly to the tenant - only to the owner. Therefore, I have to p...
Justin S.
Retire on cash flow or cash out refi every 5-7yrs
I’ve talked to a few people with different takes one this question. If I’m looking to retire on my rental income, should I try to pay off properties ASAP and live off of cash flow or not worry about paying them off a...
James Palassis
Deducting Expenses Before First Purchase
I am planning on purchasing my first rental property within the next 6-8 months. Right now I am leaning on purchasing in my name without going the LLC route at this time. My question is... since I will incur expenses ...
Sam Rush
Filing Taxes With An Escrow In Play
Hello BiggerPockets!!! I'm newer to the real estate investing game and seeking out some additional advice about taxes. I recently bought a fourplex that I'm holding (I'm even starting to look into another acquisitio...
Dave S.
Reimbursement from Tenants for utilities
So here is the scenario....Utility bill comes to my address (these specific utilities are in my name), I pay for them so that they are on time with no late fee. The next month the tenants reimburses me. Wouldn't the r...
Ryan Stirling
How do you handle work (management & labor) that you did yourself?
I'm interested to learn how people on these forums handle property management, labor, and any other expenses that you perform yourself.
Do you assign a value to your time and if so, is it market rate or do you use a...
Omer Sultan
Estimating Expenses When Analyzing Potential Rental Property
Hello BiggerPockets Community!
I'm an aspiring real estate investor, and I'm looking for some insight into how I can properly estimate expenses when analyzing a potential rental property. I understand that certain pr...
Laritza Amado
Should i sell or keep my apartment?
Hello in 2021 my partner and I bought an apartment in FL.The main purpose of the apartment was to invest our money to have it saved for our son to go to college.We have been renting this apartment to a family member w...
Austin L.
Seller backing out of contract?
Hello everyone,
A family friend wanted to sell one of his houses. We did a off market deal with no realtors. We agreed on a purchase price of 240,000. I found a simple online purchase agreement saying he will sel...