When you are finding your monthly net cash flow, are property management, maintenance, utilities, capex, etc percentages of gross rent, or percentages of your gross cash flow (net rent - PITI)? I usually say 8% for pm...
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*This link comes directly from our calculators, based on information input by the member who posted. Would love see know if I'm on the right track
Do you always provide appliances in your rental properties, specifically fridge, washer and dryer? If so do you charge extra for them and if so how much?
I just purchased 2 single family homes as rentals and there are some items I was wondering how you get the correct tax deduction. I am somewhat familiar with taxes, and bonus depreciation, etc, but just needed more cl...
In August I moved into a rental, and this is my first experience renting anything besides an apartment. The building I moved into used to be a garage, and has been converted into a living quarters (studio style). When...
We're buying a whole lot of appliances from Lowe's this weekend. For the set of appliances we've chosen for the units, Lowe's has 5 year replacement plans available. According to our numbers, these are running at abou...
Quick question... if your stove, fridge, etc breaks who pays to get it fixed? Is there a certain price that if a repair is under that the tenant is responsible for? Any items the tenant is responsible for? Trying t...
I know this varies by state, but I would love to hear how you guys manage your tenants maintenance responsibilities. Do you guys have a set list for each property or keep it really simple and have a general rule outli...
If your budget will only allow 2 of these, which two will command a higher rent in your B-/C+ class neighborhood LTR rental?A. Remove carpets on stairs, hallway and bedrooms, replace with LVPB. Tiled backsplash and gr...
Dear all!I am using BP's Annual Lease Agreement with excerpts down below for reference. A tenant texted me property's garage door won't open and she asks when someone will come to fix it. Before I engage back w/her I ...