Several related questions...Are security deposits considered income when determining NOI? Are they expenses when they are returned? When you buy a property, should the seller turn over those deposits in cash after the...

I'm being asked to invest in a 50 year old, 200 unit Chicago high rise building.  I'm very experienced with rentals in general and rental complexes with many units and have a good understanding of investment numbers i...

Hello,I'm on a board and am looking to help improve some of the balance sheet. The association doesn't hold reserves, deferred maintenance, and escrow in interest bearing accounts. Are we allowed to hold these monies ...

Hello everyone,I'm a firm believer that my money need to work for me 24/7 and currently when saving money for Capex, vacancy, and maintenance my money is not working for me. A bank that pays 1-2 % interest will lose m...

Hey BP!I know when analyzing deals, its critical to account for vacancy %, repairs %, CapEx to cover costs. Is there a rough estimate that anyone is aiming for? For example, if I did a remodel on a home and replaced e...

Quick question for the tax professionals :)

From the collected rent on my duplex (June), I've allowed the property manager to hold $500 as reserves for future expenses/improvements etc.

Hypothetically (because I'm ...

ok im not quite sure if anyone other than an attorney can answer this question but Ill give it a shot and see what responses I get.I have been doing business with a local credit union in my area for a couple years now...

Here is a good case study of why you need good reserves and not to stretch yourself too thin when you're a landlord.  There's a property I'm working on with some other investors to buy. The current owner has this rent...

As a new investor I’m like a sponge. I’m looking for every piece of knowledge that I can find to fill my head with as I begin my journey. The question I’m asking my peers on here is, how much money should one have in ...

I recently acquired my first short term rental in Broken Bow Oklahoma. After getting everything set up, I was able to post the listing on Airbnb about two weeks ago, and on VRBO about a week and a half ago. I have set...