Laura A Walters
House Hack Expensive Market
So in an expensive market (Seattle), David suggested house hacking. I've never done that and am a single income buyer. My question is, when I look at multi-family properties, they are priced above what I qualify for...
Jon Delarosa
Taxes in Operating Expenses
Hello,New to this experience and learning as I go. Looking to turn my residential property into my 1st rental property and trying to look at numbers to see if it makes sense. A book I’m reading mentions “taxes” should...
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...
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...
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 ...
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...
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?
Samantha Klein
Expense or depreciate repairs?
Hi all, I purchased a duplex in July and gave both sides notice to vacate. They both vacated Aug 1st. My question is since it was already in service on the day I took ownership, can I expense the costs to fix it up? I...
Paul Deliso
Expense Breakdown for Florida.
Hello BP,I am running my rent calculator on a property in Tampa Florida on a triplex. Total square footage of the complex is 2,500 SQFT so I figure average out the apartments 800-1,000 soft each. As of Beds and Baths ...