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 ...
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...
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 ...
Getting a house ready to RENT, and I am wondering what is the difference in general between STARTUP costs vs Capital Expenses?I have some rather big ticket items that we are doing before we list our house for RENT, an...
Hi BP community!
I'm scheduled to close on my second 2-unit property but I know that some time in the future there are repairs/updates that I will have to make.
For example:
-The parking lot/driveway needs to be resu...
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...
Home heating oil took a 21 cent increase at the rack (wholesale price ) retail in the Balto area $ 3.99 a gallon . Saw on the news there is a propane shortage and street prices have doubled in the last 20 days to ...
For a whole host of reasons I'm ready to begin real estate investing, but there's one minor problem...I live in Brooklyn. This place is a competitive shark tank, margins are razor thin, and price appreciation has been...
Does anybody have a worksheet template they use for tracking income/expenses for their rental property? I feel like it would help my accountant out and cut the book keeping costs down opposed to handing him a stack of...
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...