Reid Hanley
Estimating Expenses for RV Park Conversion
Hi BP,
I am looking for an estimate of what an 'average' per month expense will be for RV lots where I the park owner include power and water in the monthly rent? For this example, let's assume the RVs have 2 ACs an...
Nik Moushon
Expenses to consider for new STR?
I'm am running number on a property that I am looking at buying and building a small cabin on. My plans for the cabin are to be used by the family and be a STR when we are not using it (80% of the time). So half the t...
Justin Heitter
Income/expenses on a new rental
I think I have a good idea what the answer is but here a simple question.John buys a rental property from Sarah. They close on the 6th of September. Sarah has received rent from her tenant of $1000. John’s first mortg...
Jaeseok An
What's your net operating expense ratio?
What is your net operating expense ratio? and how much of the operating cost is paid out to cleaner? So I have this number for example. Revenue $90,000 ($75,000 from nightly fees, $15,000 from cleaning fees)Operating ...
Chris Wilson
Properly accounting for extraordinary capital expense
I am hoping for feedback on how to best represent a major capital expense for a small apartment unit in terms of it's performance. The overall expense will be somewhere around 150K. That would include the decision to ...
Tyler Lingle
Basic Expenses Averages for Indy Rentals?
Hi all, I'm currently looking for rentals in urban Indy in appreciating markets for some clients and myself. I'm curious what people write in for expenses when running the rough numbers. Let's assume a SingleFam home ...
Nicholas Doyon
Starting out in an expensive market
Hi all,I currently live in San Luis Obispo, California which is a pretty expensive market. I moved here from Canada two years ago and left most of my cash invested in the market back in Canada since the CAD-USD conver...
David Shives
cap ex and expenses kept sepaprate
Hello, I am thinking about buying an multifamily. Should capex and expenses be kept in separate accounts form your personal cashflow?
James Mc Ree
Commercial funding question regarding taxable expenses
I am considering my first commercial loan. In round numbers, the 7 year loan comes with up-front expenses like these:1. $1,500 documentation fee2. $3,000 escrow security that is refunded at loan payoff3. $50 wire feeA...
Juhi Banerjee
Maintenance expense different from estimate -Quadruplex
I am thinking of buying a quadruplex built in 1980 and I am estimating $80 per unit per month as maintenance expense and $80 per unit per month as capex. It is relatively well maintained and owner changed the roof in ...