Casey Adams
Variable Landlord- Paid Expense Percentages
Hello Everyone!I've seen previous posts that are a few years old when searching and just wanted to clarify what I should be plugging into these percentages. I've seen David Greene plug 5/5/5/8...but that seems pretty ...
Vincent M.
STR in the Smokys - Expenses
Hi again, Trying to pick up some of my research in the STR market in the Smoky Mountain area. I am putting together a spreadsheet with some costs to help understand a the end game a little more - i.e. cash at the end...
Susan Johnson
Start-up expenses– tax conundrum
Hi all,I'm a bit lost, and am really hoping that one of you might be able to help. I'm getting ready to file my 2020 taxes (had an extension), and am struggling to figure out how to handle my 2020 rental income, from ...
Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Carolyn W.
Property Manager Vendors are expensive
I'm finding the vendors that the prooerty managers uses are expensive. I'm out of state. is it possible to manage the property from out of state?
I'm currently looking for bids for a new AC since their vendor charge...
Dylan Tettemer
Help with estimating property expenses
I'm currently reading the BP book about rental properties and learning how to estimate all the costs for owning a property. It's a little overwhelming trying to learn all of this information. Anybody have any advice o...
Cameron Brulotte
House Hack and Business Expense
I recently purchased a condo where my mortgage comes roughly in at lower 1400's and hoa roughly 300 and some change. I am renting out my master bedroom for 1275$ including all utilities, Is it neccessary to put my r...
Brian Petty
Tools purchased to flip = expense?
Quick question for the experts. I am planning to purchase a fix and flip property and I always buy a couple of new tools in the process. Mainly because I have a tool buying problem...anyway. my question is if I had to...
Jay Sechowicz
Buying cheaper vs. more expensive
I am on the verge of my first real estate deal. I am buying a duplex and plan to live in one rent the other etc... My question is that I found two that I like, both need a similar amount of work (mostly cosmetic). Bot...
Ben M.
Pest control issues and expenses
Three years being a rental property owner in Texas City and just found out it seems pest control may be a necessary expense I will have to take on? Had to deal with pest control issues during make ready since the prev...