Blake Billings
Understanding Annualized Return - Rental Calculator
Hey BP Community,I am using the Bigger Pockets calculator and trying want to understand the annualized return. I don't understand why the annualized return percentage peaks at year 3 and goes down after that. I am cas...
Mike Dorneman
Annual rent payment Vs monthly
I know everyone has an opinion on accepting rent on an annual basis Vs monthly, however I was hoping someone could speak to the legal implications accepting an annual (or 6 month) rental payment.
The obvious issue cou...
Aaron Norris
Property Management Annual Check Up
Do any of you landlords do an annual property maintenance call? 2014 was the year of exploding water heaters. Just curious if anyone has a regular routine they do every year?Example:Check water heaterCheck all skins f...
Zak Thompson
Monthly vs Annual IRR Calculation
Hello, my project is calculating a monthly irr = 13.87% and an annual irr = 14.77%. Shouldn't these numbers equal?
Juan Rosado
50% rule and Annual Taxes
Hello!!I am trying to analyze multiple properties each day. My goal is to house hack next year (buying a multifamily, living in one unit while the tenant pay the mortgage). I use the 50% rule to analyze properties and...
Margaret Martindale
annual Inspection - found house filthy
We did an annuaL inspection on one of our SFH yesterday. This tenant is behind one month on the rent. She tried to make excuses for the inspection not to happen. We found the house (which is a very nice house in a ...
Ohad Folman
Reasonable property insurance annual cost
Hi everyone,
I'm pretty new here. Recently bought two properties (single and a duplex) in Detroit MI. Looking to insure them (under my llc). I got a quote for $550/m for both. Seems high. It is up to $1m for each pr...
Jason Capalad
Amex annual fee for taxes
Can i claim the amex annual fee on my taxes if i use that card for my rental expenses? I don't have a business or llc, i just file my rentals on my personal ssn.
Account Closed
FHA Loan Requirements- Annual Income
Hello new to the forum. If this has been answered previously a link to an article or thread would be nice.
I'm self-employed and just recently obtained my LLC (s-corp). I was thinking that I would wait until 2 years...
Charlie Moore
Bi-Annual Rental Walk throughs
Howdy, looking for the best a walk-through checklist for our bi-annual rental follow-up (rental safety, condition and cleanliness) - anything else you can add to protect the rental investment would be appreciated - th...