Craig S.
Best way to estimate operating expenses on a rental?
I am looking very closely at my first deal on a duplex (owner occupied for 1 year). I have been looking at several duplexes and am trying to make sure I have all my numbers in a row.
What is the best way to ACCURATEL...
Daniel Levine
Help looking at multi family deal
Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
Ace Goodrich
Sending Potential Property Manager Rental Property Questions
Hey Forum, hope you're well.There's a decent property that's caught my eye in Ft Lauderdale, FL -- Riverside Park to be precise. The property already has a TIP tenant in place and on a lease until next April 2023.This...
Eric Anderson
Property Management: In-House vs Outsourcing mgmt for 80+ units
Hi, I'm looking for advice on how to best manage a package portfolio of 76 apartments spread among 20 small multi-unit buildings in the same area. Total gross rent would be around $700k/year. We may increase our por...
Christopher Jordan
First time STR in Hawaii to offset capital gains?
Hello Bigger Pockets, I'm a newbie. I just sold my business and in looking for ways to offset capital gains taxes stumbled across a strategy in which a STR can write off all depreciation in year one via a cost segrega...
Wala Habiby
How to analyze a Storage Facility
Good evening everyone,
Trying to learn more about storage facility ownership and management. I am considering a small complex with less than 70 storage units probably to start off with. Few questions:1) Anything I s...
Jimmy Klein
How exactly do property manager's make a profit?
I'm looking at some turnkey properties. I see property managers charging just 8% of rent and thats not much considering rent can be less than a 1k a month. I also seen turnkey rentals where they even set up the LLC...
Scott Goulet
When do your rentals typically start making money/making sense?
Hi everyone! I'd like to say in a fairly experienced investor, still a newbie at heart though. I have 8 doors over 3 properties. 1 specific property, I purchased in 2019 and in 2019 I took a net $9k loss, and in 2020 ...
Mario DeGrazia
Check out my First Deal
Below are the numbers on my first deal based yearly. The property is a duplex that needed a full rehab in both units to meet the area's rental rates. My company is made up of three equal partners that came together to...
Eric H.
Itemized Receipt For Turnover and Charges Reasonable?
I use a property management company I just had my first turnover on my rental property and have a couple of questions.Here is the receipt for the turnover and the cost:Make ready Replaced carpet & padding in livin...