Chase Gochnauer
24 unit complex - high expenses?
Hey guys,I'm looking for my first large multi-family. I come across one that is in my sweet spot as far as location. Exteriors are in good condition. Interiors are very dated, a couple of units have been completely re...
Marc Ramsay
Now that's an expensive upgrade!
Here's your humor for the day. I was booking my rental car for my next trip to Cleveland and the following upgrade offer flashed up on the screen. Damn that Nissan Maxima is an expensive upgrade! :)
Wo...
Jill Rossi
Is cutting concrete prohibitively expensive?
Hi All, I have a property that is slab on grade and I want to create an island in the kitchen, but I need to get the electrical over to it (about 4' away.) It seems like the simplest way to do this is to cut a small ...
Account Closed
Spreadsheet for tracking income/expenses
Does anyone have a template of a spreadsheet or other document that we could utilize for tracking income/expenses. We just purchased our first rental property together (vacation home that is managed by a property mana...
Matthew Paul
Heating oil and Propane ......................Expensive
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 ...
Ike Stephens
Spreadsheets For Tracking Income/Expenses
Does anyone have a spreadsheet for tracking income/expenses that they'd be willing to share? I only have one property (2 doors) right now so I don't have a need for any software quite yet. (Although if you have sugges...
Ryan O'Leary
Reasonable HOA expense in Hawaii
Good morning everyone,Currently I house hack in Hawaii while stationed there. I’m on my second round tenants on a 12-month lease, and I leave there in May 2021. Recently, I saw my HOA went up again another $10/mo, tot...
Mark M.
Startup Costs VS Capital Expenses
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...
Lucas Hammer
Allowable Expenses for House Hacking
So my wife and I are in a contract to purchase a 2-flat and we'll be living in one unit while renting the other one. I know that expenses for upgrades and repairs can be written off, but I found it hard to figure out ...
Hanan K.
2% rule in expensive markets
Hi Everyone. I'm a somewhat of a newbie (own 2 SFR in Northern CA) looking to invest in my local market. My question is: Does the 2% rule apply in expensive markets (such as Northern California). It seems to me that t...