Elmer Bonilla
How Do I Reduce Operating Expenses on Detroit Suburb STR?
Hey BP community,Looking for some advise on reducing operating fees on my str in the city of Southfield, MI (Detroit suburb). This is my first property, bought it last December and went live in mid March. Until now it...
Jay Hinrichs
Telsa Cybertruck the ultimate for the real estate owner operator
Has there ever been a better vehicle designed for the owner / landlord small contractor than this bad boy.500 miles per charge.. body you cant dent don't need paint wont rust wont corrode.. Back of the bed with metal...
Paul Gomez
Networking with other MF operators and capital raisers in TX
Hello BPers. I am an aspiring MF investor based in Dallas, TX. I spent the better part of last year in a mastermind with other operators and syndicators learning the ins/outs of underwriting, networking, and broker re...
Heidi Kenefick
What is the order of operation with forming a partnership?
Hi,I’m considering a partnership with my next rental purchase, and this would be my first partnership.Do you form an entity for the property such as an LLC taxed as a partnership before acquiring the property? If so, ...
Mindy Jensen
Landlords: Do You Have An Operations Manual For Your Rentals?
I saw an excellent piece of advice in our Official BiggerPockets Facebook Group today. "I created an operating procedures manual. Details all vendors, bills, banking setup, tenant details, current outstanding projects...
Vincent Ames
How can you accurately calculate operating cost for the ROI?
Hello everyone. My name is Vincent. I'm 26 years old and am currently working in the medical field for the Navy but my future goal is to own multiple multi family apartment complexes along the East coast. I've been ...
David Majaess
Would like help with my cash flow operating expense estimates
Hello Everyone,I am trying to sharpen my skills at evaluating multi-unit rentals in the Canadian market and calculating cash flows. I have some questions mainly on accurately forecasting capital expense. My target are...
Justin C.
Question abt general operating funds and how to plan accordingly
Hi BP,I have 6 buildings and 9 units since starting Dec 2014. Portfolio CAP of 14% with saving for taxes, insurance, utilities on a few, 10% maintenance, 8% vacancy, and 10% CAPEX. Monthly cashflow is $850. My quest...
Marcello Di Gerlando
How many active flippers are currently operating in the U.S?
Does anyone have good data on the number of active flippers currently flipping houses in the U.S?
Jan Lee
In calculating CAM, does Operating Cost usually include Property Tax?
Hi
I have a question regarding calculation of Administrative cost. The lease states that the tenant is to pay 15% of "all of the foregoing costs as an administrative expense" under the "operating costs". Would this i...