Hello All!
First, thank you in advance for taking out the time to read this. My partner and I are currently renovating 2/4 units in our fourplex. My role is to keep track of the P&L, budgeting and documenting.  I...

Hi, Young boy and girl friends tenants  planning to move-in together.  Both know each other for many years, in stable job for more than 1.5 years, together make 3x rental.   They have no savings and last 6 months bank...

Hey BP! This might seem like a silly question but I am having some trouble here. I am practicing on the BP calculator. I am working on the portion of the expenses... My question is, where would I go to find the electr...

Hey everybody, I'm a new investor in the Denver area and have a questions that I just can't seem to find a good answer for. I'm wondering how you estimate expenses for properties that are more expensive, around $400,0...

Accounting question....would a new appliance for one of my rentals be considered a maintenance expense or cap ex for accounting purposes?Would that change if it were a flip project?  Thanks.

Hey BP fam !

So my friend and I are trying to analyze through properties. Now when it comes to expenses is when we get a little confused. We just want some clarification. When it comes to expenses such as light, gas,...

For bookkeeping/ tax purposes: if you replace an A/C unit and hot water heater does it get categorized as a capital expenses or repair cost? I have been researching to ensure I log it correctly in our bookkeeping soft...

How do a landlord find out about expense such as garbage or sewer , Since every property does require these fees, should they still be included when evaluating the numbers for a purchase , and who is responsible to pa...

Why do most landlords pay the water bill in a rental unit?

If a tenant doesn't pay the utilitie bills can it effect the landlord?