Hello Investors,I am looking at 1-4 unit deals in South East PA outside of Philly. My question is about estimating total settlement costs as the buyer. The settlement charges consist of 2 main categories: closing co...
I've been trying to learn as much as I can on CapEx and am still struggling budgeting for it. There are so many ways of thinking on this. What do you consider CapEx items?Major Items: Roof, HVAC, Water Heater?Major It...
For those whom have not read my posts before, let me start by introducing myself. For those who already have read my other articles, Feel free to skip ahead.My name is Derek. I work at The Home Depot as a pro account ...
Good evening BiggerPockets members. Does anyone have a great source for what rehab items can be deducted immediately v. depreciated over 27.5 years? I understand that the major items like replacing floors, bath, kitch...
As a beginner's, when a contractor is submitting there estimate to me. Is It wrong for me to ask for it too be itemized? If so, I would not mind paying them for there time in itemizing the estimate to be accurate. But...
Does anyone have a form that they provide their renters that shows what they have to do when the lease ends and they are leaving (i.e. trash, floors, carpets, general cleaning, etc.) and the costs that will be charged...
Hi Bigger Pockets,I am trying to "sharpen our pencils" so to speak when it comes to proper reserve amounts for rental properties and I am having a difficult time finding concrete answers to this topic. I have searched...
I'm working on my investment spreadsheet and have been doing some reading on the topic of Cap Ex. Some people use a number like 10% of the income, but many suggest itemizing your expenses over their lifespan is the mo...
if my rent is 1,234 per monthand I pay 900 per month ( Mortgage,interest, taxes,insurance,repairs,property manager, vacancy, HOA)it means my Capex is 72.93is my calculation correct?Do i include all these expenses? wh...
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