After managing many properties in my state of Maryland over the years I have seen the law of averages even out over time when it comes to expenses in various asset classes so Im posting this to give people some genera...
Hello BP,
I am a new investor. I live in North Carolina, but I am an Over-the-road truck driver. Since I'm not near my market often, I have decided to educate myself as much as possible while raising capital. I start...
Hi everyone,
What is the average expense ratio for a large apartment building? I'm informed it's between 45 - 55% plus property management. Built year is 1970, all brick, don't have age information on mechani...
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
Is there any difference between the Housing Expense Ratio (HER) and the usual Front End Ratio (FER)? Thanks.
I wanted to see if anyone's ever come across something like this before. I have a 2 bedroom, 1 bath unit (about 900 square feet). A tenant lived there for years and passed away and everything was pretty much left aban...
If you were to purchase a property that has to abide by HOA regulations, such as a condo, what monthly expenses are included in HOA costs? Or are the monthly HOA expenses different for each HOA community?
I’ve just completed my trial with Rental Hero(RE) and switched to a yearly subscription. I found RE to be easy to use and it explains its features very well. The one time I needed support, their tech support responded...
Hello BP community,We are planning to list our property “in service” for short term rental use starting January ‘23. We are making some repairs to the property this year in the months of November and December. We purc...
Hello everyone. I'd like to consult with you about my issue.There's a contractor that we've been working together on a few projects in the past two years, I can tell that he's very experienced, and very reliable. But,...