Greetings good people,I'm hoping to solicit some thoughts and ideas from those more experienced than myself. My scenario: moving to a smallish town in western Washington where the average home price is approx. $360k(Z...
Hi guys! I just purchased my first property in July so I'm a brand new commercial landlord. I have one committed tenant (out of a potential 2) and I'm just trying to figure out the best way to pass through operating e...
I'm just curious. What percentage of rents do you use to determine your repairs and maintenance, vacancy, Capex and Management? Thanks
Hey guys,
I am trying to calculate the expenses of buying a house in Tampa Florida. how do I find out the typical vacancy rate there?
Hi. I had a question about T-12 income statements provided by the seller. Is vacancy expense usually already accounted for in the top line rental income number? I never see vacancy as a separate line item, so I'm assu...
We are rehabbing some units in Fort Worth, our handyman is working with several clients on various properties. We are in need of a spreadsheet that he can use to track the money we give him and expenses for our unit s...
So I have some tax questions that can be difficult to get answered. I recently had new floors installed in a condo I own and run as a rental. The floors were installed by Lowes and I have a receipt showing material ve...
While turning over a vacant rental property, I noticed that the lower storage pan in the fridge, along with the shelf support, was broken. Unfortunately, I didn't notice this prior to refunding the security deposit (...
I was discussing multifamily expenses via email with another BP member recently that was asking some good questions. I asked him if I could post the conversation on BP since there are frequently questions asked on BP...
Hi Everyone,New investor here. Just bought a SFR rental in Mesa, AZ and I am already doing some tax planning. I live in California, so I plan to drive to my rental property and I had a question regarding travel expens...