Keith Schuster
Houston Multi-Family Expenses
Hi all - I'm looking at a 25 unit property in Houston. It's in foreclosure and due to be sold in Sept. I'm trying to run numbers through the Rental Properties Calculator but I don't have enough information or knowl...
Arturo Borges
Doing more expensive flips
Hey BP community,I wanted to ask; do bigger/more expensive flips necessarily mean bigger profits? or should rehabbers stay in a low to medium range flips? what are the pros and cons of going with bigger flips?Thanks i...
Joseph Tarallo
Taxes, expenses, mortgage help
Hello, so I’m looking for some professional help. I am looking to buy another property which I will need a mortgage. So when tax season comes I have a lot of write offs. Plumbing repairs, paint, furnace, etc. Now ...
Lisa Rechsteiner
Calculating Percentages for expenses
Hi guys we just received our for rent payment! As I am accounting for vacancy, capital expenditures and repairs, I have read to use around 5% for each.I am not sure where the 5% comes from. Is it 5% of the rent?
Carson Sweezy
Estimating Expenses: Richmond, Virginia
I'm seeking advice for estimating fixed expenses (Electricity, Water, Sewer, Garbage, etc.). I am looking to move to a new city, and will purchase my first house to do so. The properties I am looking at are multi-fami...
Alice Huang
Best expenses tracking app
Would love to know what’s your favourite expense tracking app and why. I use MileIQ for tracking my personal and business mileages and trips. Really like the app.
Sean Dawson
proforma expenses at 60%
'Evening. I have a question for the hive. We are talking back and forth with a broker about a 32 unit building. Rent's look good, but expenses are coming in at 60%. I feel that this is due to the fact the property...
Dan H.
San Diego capital expenses
I recently read on Bigger Pockets a post on Capital expenditures that included some generic numbers. http://www.biggerpockets.com/renewsblog/2015/10/13/real-estate-capex-estimate-capital-expenditures/The numbers did ...
Diogo Marques
Everything is expensive now
If you were starting out, what would you look for deals right now? Cap rates are compressed. We've been getting lots of overpriced deals.Any ideas if you wanted to buy something?Even on the smaller side? How would you...
Josiah Collins
Estimating Rental Property Expenses
I'm currently looking at properties throughout the Fresno, CA area. Specifically looking at multi-family units and will be looking to purchase 1-2 properties this year. My first rental property was something decided...