Hey all,
What numbers do you use when projecting repairs and maintenance costs for apartment buildings?
My rules of thumb have been:
- $650/unit for 2000s or newer and $250 for cap ex
- $750/unit for 1980s-2000s a...
Hi,As a relatively new investor I also share other newbie investors' wonderful feelings about BiggerPockets. Thanks to everyone for massive free info provided.I would like to point out an issue that I believe could be...
I know one of the strategies I hear frequently on the BP podcasts is to purchase a single family home investment property, fix it up to increase the value and then refinance - taking profits to use as a down payment t...
Team - has anyone (who uses quickbooks) been told by a CPA to hold their property values steady (i.e. original purchase price/value) in their books around tax time? It would be nice to have an accurate picture of tot...
Hello - I've posted once before regarding property manager issues, and now it's clear that it's time to find a new manager with the accumulation of issues resulting in financial loss. I'm looking for someone for my p...
Hello BP Community! My question today is surrounding the accumulation phase of the FIRE journey. I am about ten months into my first job since graduating college in May of 2017. I live in Boston and have a pretty dece...
hello BP over there years I accumulated three rental properties thru private money loans, im at the point where I want lower interest rates. ive never done business with a bank but my credit is fair, tax returns looks...
Hello! New to the forums. I just purchased a property off of Hixson Pike and what I originally thought was a French drain issue has now evolve to need some excavating along the back and side of my new property. Curren...
Howdy folks,I am a newbie looking to invest in South Jersey. I live in Brooklyn and work in the architectural profession in Manhattan. As you may know it is entirely too expensive to buy in NYC with my small pockets (...
For the past 4 years I have been investing in Commericial Real Estate and Land in Los Angeles, California. I did do one tax return in 2012 using turbo tax but I never bothered after because I was making more expenses/...