Don Nelson
50% Rule Expenses
So I'm estimating expenses and trying to figure out the 50% rule. I'm an experienced flipper, but moving to buy and hold. I understand the need for CAPEX reserves (5% of GOI) and property management (8% GOI), taxes,...
John P.
Re-Fi and invest or pay off mortgage
With interest rates so low I am debating about re-fi'ing our home mortgage and buying some investment properties with the money. For simplicity let's just say the home mortgage is paid off. Let's say house is worth $...
Rigo V.
Landlord Insurance-Lehigh Valley
Hello everyone,What insurance company do you use for your rentals? How much liability coverage do you get? Is it expensive?-Thanks
Wesley W.
Renting vs. House hacking: a case study
Hello all,I've got a bit of a financial puzzle I'd like some input on.My wife is going away to school for 3 years, so she will need housing during that time. As budding buy and hold investors, we thought this might b...
Alison Dickens
Newbie looking for CPA in California to discuss Set-Up Expenses
Hi BP community! I'm a newbie in San Diego, just starting out on my REI journey. Although 1st property has not been acquired yet, I have been busy in the month of December with setting up the business, with setup ex...
Pavs Doychev
Liabilities vs Assets
This month was a good month... My girlfriend and I decided to get a puppy.(pic below) We rented out two new properties, got one under contract in a new area about 45 mins from where I live,(which is out of my norm, mo...
Cristin Andrews
Harris County (Houston, TX) - Landlord Policy options?
I've been using State Auto for my Landlord policy which is due for renewal in January. State Auto sent me a note that they are no longer covering these types of policies but Safeco would be happy to sell me a policy f...
Annie Yeh
Repair for Water damage
Hi ,
Newbies here.. I recently have a water leak in a house. I called a company that an insurance had referred to do the drying . They said they also do full repair after it’s all dry up. So they demo part of the h...
Christopher Price
Renter dispute regarding utilities
Hey everyone,In addition to owning property I also happen to be a renter. I have a question from a renters perspective.I have rented a house in Colorado for a little over 4 years. A couple hundred feet away sits a l...
Patricia Andriolo-Bull
Occupancy rate calculation
Interesting, I was reading the Key Data report on Next Season's US Rental Trends and noticed they include owner nights and hold nights in their calculation. This seems odd to me and skews the data. When I calculate ...