I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard ...
I wanted to share my annual expenses because I had to do a lot of guesstimates before I bought my duplex. I swear when I asked some investors their expenses they acted like they had amnesia. Since I have over a yea...
Hi All- was wondering if anyone could shed some insight on expense projections for short term rentals. There is a lot of info about long term projections/budgeting but have not found as much on short term except for ...
I purchased The Book on Managing Rental Properties and also Rental Property Investing. It references an excel document to help with tracking expenses but I don't see any excel files that came with the forms download. ...
My first post!
Hello, I can't seem to get a proper answer on this topic: Is mortgage interest an expense?
Some people seem to include it, other seems to think it shouldn't be included because the mortga...
Hey all,I have a good sized portfolio, approx 300 units. I have W2 staff managing and maintaining the units.We have recently run into an issue where our P&L looks a bit rougher than it should. One main reason for ...
I have not outsourced my property management, but in listening to the experiences of others, I know of very few very few investors who are satisfied with the quality and value they are receiving.
On the other hand, m...
I have a question regarding taxation. For one of my properties, when I incorporate the losses (depreciation, insurance, tax, repairs) in comparison w/ my rental income, I get a net gain. I was under the impression tha...
Hi,
I'm trying to estimate how much the management fee and regular maintenance (snow plowing landscaping ) for a small shopping center in New Jersey about 15-20 retail stores so we can get to the real NOI with our ow...
Hi! I've searched around a ton to find a simple answer to this to no avail. Maybe because it's been hard to wade through the flood of information on depreciation and expenses.I wanted to know the strategy behind wheth...