Trevor Williams
Book keeping and tracking expenses?
I was wondering what the most common/best way to bookkeep for someone that has 10-15 units?
Angel Ricardo
Analyzing deals in expensive market
Hello everyone, I am new to real estate so pardon the lack of knowledge. I'm trying to learn how to analyze properties and run the numbers. What is the easiest way to find what insurance and property taxes are and how...
Gabriel Parker
Efficiency in Home Office expenses
Hey there Bigger Pockets Community,
I have an interesting situation on my hands and would like some input to see if this plan is allowable or wise. My In-laws own a business that has government contracts in transit a...
Bilal Hussain
How to determine Utilities Expenses
Hi,
If i'm looking to buy a property and rehab it, how do I determine what I will be charging the tenant for utilities and what I will provide?
Is there a way to determine this by the type of property? For exampl...
Mark Grozen-Smith
Short Term Rental Expense Ratio
Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
Ryan Nutof
Calculating expenses on rental property
I’ve been practicing running numbers on potential rental properties but am having trouble finding a way to accurately estimate the expenses such as utilities (electric, water, etc.). Any advice on how to feel more con...
Evan Haag
Expense Management for Multiple LLCs
Hi All!I was curious if any multi-property land lords have a good system (or suggested products) for keeping expenses straight and annotated throughout the year for their different properties.I have separate LLCs and ...
Elias Parisca
SFR Expenses in San Antonio
Hi All, I'm looking to BRRRR properties in San Antonio and could use some guidance from those of you familiar with the area. I'm looking for rough estimates of expenses to perform high-level property analysis. With ...
Carl Fordyce
Capital expenditures expenses best method?
What is the best way to deal with Cap Ex monthly expenses? Here's two methods that I was considering when I'm calculating my cap ex cost and wanted some feedback as to what is the best method. Option 1: Build the...
Christine Prelaz
Questions about Condo Operating Expenses
Hi, I am wondering what operating expense percentages people are looking at when considering condos. I'm guessing 50% is too high in general but not sure what might be best for a quick analysis.Also, I know this migh...