Hi BP,I'm currently learning how to analyze properties so I can be more confident when offering on deals. I have one question though, how do you get estimates for utility cost i.e. electric, water, gas, garbage? I kno...
What software is everyone using to track their revenue/expenses and to easily determine KPI's? I'm currently using Stessa but I don't love it. Considering quickbooks instead.
Hey everyone, I'm evaluating an apartment complex in Central Texas. After going through the proforma I made, my NOI seems way low. I can't base the expenses on real numbers, due to not having anything that's current (...
Hello BP community!
I just closed on my first house hack yesterday! I'm super excited to officially begin my real estate investing journey! I will soon establish an LLC and open a business account to track income and...
Does anyone have experience with setting up a Medical Expense Reimbursement Plan ?Also known as: Health Reimbursement Account (HRA)Health Reimbursement Arrangement (HRA)Health Reimbursement Plan (HRP)Medical Reimburse...
So I'm in the process of buying a home in Newberg, OR (wine country) that I intend to turn into my first STR and I'm coming up against a really ridiculous permitting process. As part of the application, there needs to...
We have a rental property that experienced a major plumbing issue - water leak in the wall. The contractor says it will take 2-3 weeks to complete repairs and the management company is asking if we are willing to pay...
Does anyone have a good recommendation for a business expense tracking spreadsheet? I have been searching and I am looking for a free one or even a paid one.
Hi all
occasionally (ok, 90% of the time) we have to have carpets steam cleaned after tenant leaves. I've been using the local full service carpet cleaning company and they do a wonderful, quick job, but the price is ...
My husband and I want to purchase a 2nd rental property. We have been listening to the podcast and reading the books. It seems like the advice when running the calculators is to budget $100 per unit each for cap ex, m...