Jonathan Dempsey
Utilities included? Furnished? Pros and cons
When house hacking or just renting in general, what are the pros and cons of including utilities?
Also, same question but with furnishing
Chris Laino
Am I missing any expenses in my analysis?
I'm working with an all-cash buyer and helping him do an analysis for a flip, but I want to make sure we aren't missing any expenses (or have them in the wrong category).Fixed Costs:1. Purchase Price2. Taxes3. Insuran...
Joseph Russo
Renting through my LLC and getting the deductions
Hi Everyone,
I am considering using my LLC to rent an apartment where I would conduct all of the LLC's business. In doing so I know I'd be able to deduct rent, water heat, etc. However, the question comes in to play ...
Account Closed
Correct Wholesale Formula
Hello I'm new to the real estate business and my goal is to become a wholesaler. I'm wanting to understand the correct formula in order to offer the right price to seller and buyer. But I'm having some confusion as to...
Julie Smith
When I pay remaining lien after judicial sheriff's foreclosure
When there are remaining liens, especially a mortgage, when does the winner of the sheriff's judicial lien foreclosure pay that off keeping in mind there is a 1 year redemption period? As soon as possible to make the...
Kristina Heimstaedt
Will solar panels allow me to increase rent to tenants?
Hi all,I know the upfront cost of solar panels is significant. However, I'm wondering if I can pass the extra $50-$100/month to the tenant with the expectation to increase the demand for my property. Does anyone have ...
Katelyn Atcavage Robideaux
STR calculating monthly expenses
Hi BP fam,What is you favorite/most effective way to calculate expenses for a potential STR? What resources do you use? What has been most efficient for you and most accurate?Right now, I base numbers off of other loc...
Dustin Espinoza
How to properly analyze a multifamily property 5+ units
Hi BP,
I am currently attempting to analyze a 10 unit multifamily property and I would like to request for the information necessary the first time around. So far this is what I have:
1. Property price = $625,000
2...
Jason Malabute
monthly expenses in NoHo, Northridge, Glendale, Tujunga, ETC
Hi All,I was wondering if in sub-markets in Los Angeles like (Eagle Rock, Glendale, North Hollywood, Hollywood, La Crecenta, and surrounding areas) do the tenants typically pay for their own utilities, sewer, garbage,...
Jose Almonte
Who pays for utilities?
So looking into single family homes in the $400K range.
Assuming $150K downpayment the mortgage payment comes out to $2300 rounded.
Property tax is usually around $6300 a year rounded. $525 a month.
Zillow rent ...