Nick Ferguson
Are my expenses too high
I've been using the following template to evaluate houses (thanks to whoever uploaded it). I run admittedly pretty conservative numbers on both sides. Also, I plan to self-manage but I want to stress test each prope...
Eric Roth
Expense Ratios - Small Residential Properties
Hi All,I'm looking at some 2-3 unit buildings in the Queens, New York area and putting together deal analysis models. I always thought ~50% was the suggested expense margin to estimate, but when actually putting toget...
Link McGinnis
Business Expense deductions by Entity?
It appears from some reading that different entities are able to claim different business expenses against income.Can someone explain the differences in the allowed business expenses that can be deducted when using LL...
Bill Bell
Hard Hit Maintenance Expense Year!
Two houses, two new HAVC systems - checkone house, new roof - checkone apt: drywall, bathroom remodel, and other $1k+ "refresh" efforts - checkEven though the monthly cash flow is fairly strong over monthly costs (mo...
Chris Latham
Rent reduction for tenant expenses
In general should I reduce next month's rent if I owe a tenant for expenses they incurred or should I write them a check? I am thinking of record keeping and tax implications.
Kyle Lewis
CapEx reserves included in expenses?
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
Branden Kline
Monthly Expenses For Septic Tank
Hey everyone! I'm currently looking at a deal that has a septic system attached. I'm looking over the financial aspects of the deal and just doing my due diligence. I'm asking if anybody knows the opportune costs for ...
Terrence W.
Expenses Per Unit in Denver
Hi all,I was looking for someone who has experience in the garden/walk-up level multifamily space in the Denver area. I'm looking to purchase a 10-20 unit class C building, but I'm having a difficult time estimating t...
Alex Sanchez
Expenses on a rental property
I'm in the process of looking for a 4 flat to house hack with an FHA loan. it will be my first investment property (first property I'll buy as well, I'm only 21). What are all the expenses you need to factor in for yo...
Kevin Greene
Expense accounting for flip property
Hello everyone,Working on my first flip and honestly the hardest part has been keeping track of expenses. I get receipts from my contractors and enter the line items into Excel. I then categorize each line item, and E...