Hey BP Nation! I shared another deal I'm underwriting and came across the issue of Cap Ex with some BP members. I included the Cap in my 55% of the expenses and apparently I was wrong for this that. I was told the fol...

Hi everyone! 
I am looking to purchase my first rental property.
What is the biggest on going expenses??
Single family home biggest expense?
Condo rental biggest expense besides HOA?

Thanks in advance! 
Nick

Hey guys,I have been using a spreadsheet that I have customized to do what I need it to since I started buy and hold investing.  Now 10 in, I'm finding that a lot more cumbersome than I used to, and think its time for...

Hey BP,

So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.

My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...

Is it worth the effort to do Cost Segregation Depreciation for a smaller 4-family residential building?

According to the IRS there are several methods of doing a cost segregation analysis, one of which is a '...

Hi all, I'm close to pulling the trigger on this property in Chicago. I'm going through a turnkey provider.  The renovation has already been done and the property will be tenanted with a section 8 tenant.  I have a bu...

Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...

Currently own four properties and will be establishing a property management company in Seattle this year. Any suggestions on software that is suitable / not too expensive for a smaller portfolio but will keep pace a...

So I'm looking at buying a single family house that has great numbers as a rental property. But needs carpet, paint and kitchen/bathroom remodel.

I know the Bathroom Remodel / Kitchen remodel are depreciated...

I am not familiar with the West Mifflin area but from my research it looks like a good family area to own a rental that I would be house hacking. From my calculations this would be a positive cash flow deal. Please ta...