JoJo Tucker
Biggest House Expenses: Houston, TX
Hello BP Community,I am finishing up the book, Long-Distance Real Estate Investing, by David Greene and he speaks about the biggest house expenses that pertain to specific geographical areas (frozen pipes that burst i...
Devin Mann
how expensive is hard money?
say they are offering 4 points with 12% interest on a hard money loan and they are offering 70% of arv.this SFR is worth 300k ARV. Im purchasing it for 170k. Now how do the costs lay out? i pay those 4 points...
James Palassis
Deducting Expenses Before First Purchase
I am planning on purchasing my first rental property within the next 6-8 months. Right now I am leaning on purchasing in my name without going the LLC route at this time. My question is... since I will incur expenses ...
Shain Ismailovski
How are You Reducing Expenses?
With the economy in an uncertain state what are some steps you are taking to reduce your expenses on your rentals? Are you negotiating utilities with tenants, speaking with your insurance agents, working with your len...
Orian Eran
Flip And Fix expenses type
Hello BP community, Pleasure knowing !I plan on investing in Philadelphia, doing some fix and flip. Begun analyzing the Philadelphia are and i'm pretty confident as for neighborhoods i want to invest in. I am not so c...
Tim Raa
Capital Improvement vs Capital Expense
What's the difference between Capital Improvement and Capital Expense? Is there a difference?The way I understand cap improvement/expense is as follow:Cap Improvement = Making improvements where needed e.g renovation ...
Lucas A Riemens
Tracking Expenses for Tax Purposes
I am looking for advice on how best to track and structure my expenses to get the most tax benefits. Currently my wife and I own two properties in the Cincinnati OH area and have just completed the renovation of our ...
Jeff D.
Calculating Operating Expenses on Multi
Hi Folks, I'm looking to purchase my first 3/2 duplex for around $275k. I plan to occupy one of the sides for the first year and already have tenants for the other side who will pay $1300 per month (tenants will cover...
Stanley E.
Overall Repair Expenses of $3,665
Hi BP. I wanted to get a feel for where I have ended up with the repair costs for my SFR, It is 2br, 1ba, and has a small room that could be used as a 3rd bedroom downstairs with a storage room downstairs as well. ...
Jane A.
Rental expenses at Tax Return
There is an official guidelines that yearly repairs and improvements expenses for a rental property should be below 2% of the purchasing price. For example for 100K Douplex we will spend no more than $2000 during the ...