Ralph Noack
Southern Ontario Rentals not covering Expenses
I am looking at properties in Brantford, Ontario, for family rentals, but finding it difficult to get housing that can cash flow. For example, if a 3/4 bedroom house with 1or 2 bathrooms is going to cost $300,000 -$4...
Greg Shyne
Renovation Expenses & Future Mortgage Qualification
I recently purchased (Oct 2016), renovated, and refinanced (March 2017) my first investment property. I plan to purchase at least one or two more properties this year. I am now getting ready to file my tax returns for...
Charles Jones
Estimating expenses in rural northern Illinois
I am familiar with the 50% rule of thumb for estimating expenses, but am trying to analyze a duplex in rural northern Illinois and am trying to estimate expenses. Can anybody provide feedback on the assumptions. Too...
Lawrence M.
Billable Expenses QBO Simple Start Workaround
Looking for guidance/confirmation on a workaround to billable expenses in QBO 2022 without upgrading to Plus or Advance. We have water, sewer, and trash that remain in our names (required by municipality) then we bill...
Sean McDonald
Estimating operating expenses without Schedule E
I’m looking into buying a duplex listed at $100,000. Each side is rented at $600, which is below market. It’s in B- neighborhood transitioning upward. I have structural reports from 4 years ago that indicate that root...
Adam Stanton
income to expense ratio for multiunit
I'm analyzing a 14 unit property. The advertised expenses are only 15% of income. This seems very low to me. They list:Taxesinsurancewater/sewergarbage utilitiesWhat else should be a part of this list (PM, repairs ...
Al Williamson
What's You $100 Expense Reduction Tip?
What can a buy&hold guy do to shave an extra $100 off monthly expenses without taking on additional work for himself? Tips I've gathered so far are a combination of the following: challenge property taxes, shop fo...
Account Closed
How to buy in expensive areas
Hello, I was wondering how you buy real estate property and make good decisions in areas where the market is so expensive?
Eric Etzler
Best Credit card for tracking expenses?
We basically are rehabing buy and hold rentals. Currently we are using a Home Depot Commercial Revolving Charge card for the majority of our purchases. I like the detailed billing statements. We are in need of an ad...
Cheryl P.
Out-of-State Investor Travel Expenses
Posting this question in new forum for the out-of-state investors, what frequent flyer and/or business travel programs would you recommend to save on travel expenses for trips to acquire and check up on your propertie...