Gary Love
buy two less expensive homes or one more expensive?
My apologies in advance if this has been asked and I'm sure it has. I was wondering what's the consensus is on whether buying say two homes for say $225,000 each vs one nicer home for $450,000? Not in a particular are...
Matt McConkey
Hot water heaters are expensive, but not THAT expensive
Without going into the giant back story, my wife and I own a townhome in the Chicagoland area and we rent it out to a family who has been there for several years. As with any cold weather climate, there are items that...
Erin Tarantino
10+ apt. expenses
So I am trying to run numbers on a few larger apt. buildings and the expenses the owners have given me are obviously inflated for tax benefits. Does anyone have a general rule for factoring in expenses for a 10+ unit...
Jiten Voralia
Estimating Landlord Expenses
This is my first post having only recently discovered Biggerpockets. I really want to get going on SFH using Buy-hold and BRRRR strategies. The various calculator are a fantastic resource which I've been using to tr...
Nicholas Zornek
DUPLEX MONTHLY EXPENSES
Creating a savings plan and budget for the purchase of a duplex, from my understanding the following expenses typically include what I have below,what else am I missing ? Not including initial financing ,and rehab cos...
Pam Lynn
Property Management Expenses
I have had a rent house in Tulsa for 20 years. I have just discovered BP and am thinking about buying another rental. What is the average percentage rate/fee for a property manager in Tulsa?
Alan Feldman
Commercial Operating Expenses
I understand best practice for residential is to plan for 50% operating expenses, but what about commercial operating expenses?
Jon Q.
Expenses and Inflation
"One of the most important charts about the economy this century" -- and what it means for market volatility.The red have outpaced inflation.Article: http://on.mktw.net/2FMQ1bXhttps://ibb.co/c5xYaH
Eric J Platter
Storage Units Expenses
When elevating Storage Units what rule of thumb do we use for estimated expenses? 50% rule? 60% rule because it is commercial? When calculating vacancy and bad debt, do these have rule of thumb too? Thanks!
Justin Meek
Expense Tracking Software
So, we just purchased our first rental property and am looking to get organized from the get go for the long haul. Does anyone have any suggestions on software to use that can track expenses for tax purposes for pers...