All my houses are owned as a sole proprietorship.  What do I do with non specific expenses like education, seminars, membership to my real estate group, etc? 

I usually factor 5-10% based on the property condition. Better to err on the side of conservatism, so if you're not sure, use 10%.

Marcus

what percentage should I consider into closing cost? in other words how much to allocate to closing costs as a rule of thumb?

So, I am calculating my ROI for a rental I am considering. The house is 180k, 3 Bed, 1700SF and not in flood zone. Rentals in the area goes in range of $1500-1750/mo. Taxes are $3500-$3800
For calculation purpose I a...

Years of contemplating ways of making extra money outside of my day-to-day job. Having a family there are always reasons why funds cannot be allocated towards starting a business or investments. In all JUST DO IT!  I ...

Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...

Afternoon all - Short and sweet. If you self manage your properties - what do you charge yourself as a fee 10%/11%? Do you also allocate a signing fee for new tenants with annual lease etc? I am aware I can pay myself...

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I'm new and would like to know what everyone thinks of this deal...... I think it's a good deal but I want to check with everyone and make sure I'm analyzing this properly.

https://www.nj.com/hudson/2023...