Michael Ruvido
Expense or Capital Improvement?
Hi All -I have what I hope is a quick question for the tax professionals out there. The master bath in one of our rentals only has a jacuzzi tub, no shower head at all (weird, I know!). We're going to tear out the d...
Evan Smith
New Build Expense Calculations
When analyzing a new build/“build to rent” property as a rental, what percentages/amounts are others using for:-Maintenance/Repairs-Vacancy-CapexI’d assume it’s less than than existing homes, but by half or is it safe...
Sushil Iyer
Estimating expenses post-purchase
When analyzing a deal, the expenses data available (opex, vacancy, PM, capex, etc.) is at the time of purchase. However, this data is bound to change post purchase. What are some tips to estimate what these expenses w...
Chris Walters
Expense Percentages for Analysis
Hi BP,
Can members please share with me the percentages you use for expenses (vacancies, repairs, property management,etc.) when analyzing income properties. I am trying to see if the numbers I am using are similar. ...
Matthew Samson
Borderline (expensive) foundation problem
We plan to turn our current house hack into a long term rental. We just discovered a crack in the concrete slab foundation that is a borderline major problem:- It is a vertical crack about 1/8 inch wide that is at lea...
Culver Bradbury
Rental Property Expense Sheet
Hi Bigger Pockets family!! My name is Culver and I am just getting started in my real estate investing journey. I work in the yachting industry and love being on the water. I purchased, flipped and rented out my first...
Brenda Lee
Rental Property Depreciation Expense
My business partner and I bought a rental property and split everything 50/50. She is using a tax accountant to file her taxes and I am using Turbo tax and I noticed there are differences with the way we are filing f...
Lois S.
PM & Turnover expenses
When a PM has their own staff bring property back to rent-ready condition, they present invoice copies of their necessary supplies purchased to the client/owner. If invoice includes tools that can be re-used, who pays...
Gulliver R.
Typical Monthly STR expenses
Hi All,
I'm doing some STR research prior to buying a property to use for vacation rental and I wanted to hear from you all what are the typical STR monthly expenses? I can think of mortgage, taxes, insurance, STR in...
Nick Maugeri
Energy/Utility operating expenses
I’ve transitioned into working at an LED retrofit company for my W2 job. We primarily operate in the Central Valley of CA, but the savings that our customers are seeing is so relevant to investing that I had to share....