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...

Is it even possible? The utility accounts are newly setup in our name upon purchasing the property. Do we have to set it up in the tenants name instead? or how does this typically work? please advise. Thank you.

Just purchased single, out of state, property for STR.As a married couple do we set up LLC or run expenses and income through our personal names? This is in regards to banking and taxes?

Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...

Looking for investors who have submetered their water meters for multiunit buildings.  Any resources you may find effective would be appreciated.  Any thoughts or opinion on the subject?

Hello everyone,I recently bought a second property in Michigan and I'm really excited to get it rented. However, I was unsure whether I needed to open a new bank to manage the finances associated with the property. I ...

Hi guys,I have a property management company that has a separate bank account and all of my tenants deposit the money into this account. Lets call it "Mary's Property Management LLC"Is it ok to pay mortgages from the ...

Hi BP Canadian investors!
I just bought my first rental property. Just wondering if any one has experience or advice about book keeping and property management software recommendations.
Has anyone opened up a separa...

Hey there BP members!  I just started a LLC last year and have since put 3 proeprties in the LLC.  Should I open 3 separate bank accounts for these proeprties all in the LLC name or is it ok to keep all rents and expe...