Hi! For Triple Net Leases, how are the net charges generally handled/administered? Does the landlord send an invoice monthly/quarterly/yearly for the actual tax/insurance/maint costs to the tenant to pay up, or does...
Hello fellow investors,There are expenses that come with single-family rentals. What are some estimates you use to determine your net rent after expenses?I live in Sacramento. So far, my expenses include the followi...
Can anyone give me an example of the rule in numbers....
I need visual.....thank you
Is the rule use for purchasing your own rental properties or would it also be for resaleing the property to someone else..
Please...
Has anyone ever had a property under their name but the mortgage is under someone else’s name? Who picks up the interest expense? Should the property owner pick up the interest expense even though the mortgage company...
Hi All, I just recently watched one of David's webinars and noticed that he doesn't put any expenses in the Fixed-Landlord Paid expenses section other than insurance. I know if you aren't putting 20% down you would ha...
Currently analyzing a quad-plex deal for my parents. They own a house outright and are thinking about taking a HELOC to finance the 25% downpayment. My Question: How do I account for the loan payment (PITI) they'd nee...
I use a property management company and they receive rent at the beginning of the month but don't disburse it to me until a few weeks later.For my bookkeeping would I want to record the rental income when I actually r...
I own my home after paying the mortgage off in 7 years. I have $200k+ in equity. I am thinking about trying to use it as leverage to buy a rental. I am a product of Dave Ramsey so the idea of levering what I’ve just ...
I am trying to get into my first deal which happens to be a fourplex in Miami Florida (neighborhood of Allapattah). My strategy is to use FHA financing to allow me to put down 3.5% to basically get me in the game, liv...
So i understand you can record the structure portion of the property as depreciation as a paper expense. But do I have to? I expect the cash flow to be so small that taking the depreciation makes no difference. If ...