I have read and watched several well known real estate investors talk but not go into detail about how they somehow manage to live tax free including their living expenses ( groceries etc.). I understand tax deduction...
I want to remove a tree that is hanging over a rental property to prevent any future damage. Can I expense this cost as routine maintenance or is the cost capitalized?
I'm new to STR investing and could use a "gut check" on my estimated expenses. My plan is to purchase a townhouse or SFH in the Lake Buena Vista (LBV) area and rent it through AirBnB for positive cash flow most of the...
Hi everyone,I would like to survey the crowd as to what everyone is using for organic rent growth and expense growth assumptions. What are your baseline numbers and how do the idiosyncrasies of a given deal affect the...
Hello BP,
I am preparing a budget for a SFH that costs $50k. The monthly rent is $1k. Using the 50% rule of thumb I don't see how $500/month (which amounts to $6k per year) is enough to cover all expenses except P&am...
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...
Hi everybody, I am looking into an REO with a pool, everything is as-is. It is a bit cracked on the top cement, I think that might be fine. I was wondering if anybody had experience with buying a pool without knowing...
Hi All, Working on a multifamily development deal and as I am wrapping up modelling I wanted to check in with the group here regarding annual income growth vs expense growth. What are underwriting for rent growth vs e...
Hello,I am trying to figure out where real estate investment expenses not tied directly to a specific rental property would be placed (example: Cost of Mailers when prospecting for more properties). I currently have ...
I know this is a very basic question, but I've read quite bit about real estate investing and taxes at this point and haven't seen it clearly stated. Since the LLC is a passthrough entity, do the business expenses (pl...