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1 January 2025 | 1 reply
It's not easy, but all successful agents operate like a business with daily tasks to attract leads and follow through on those leads.
31 December 2024 | 8 replies
If I choose the rental, then all income generated will be taxable income moving forward, because none will be off-set by the interest I could deduct.
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4 January 2025 | 20 replies
I want to give them the benefit of the doubt they are just struggling with staffing but now have seen some red flags that lead me to believe there might also be some type of deceit/fraud and possible financial trouble.
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8 January 2025 | 22 replies
Their different backgrounds will lead to 80-90% of the same stuf being pointed out, but the 10-20% differences can be eye-opening and lead to more accurate bids.Suggest you visit a Home Depot on a Saturday, between 6-8am.
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6 January 2025 | 6 replies
I told them, I've tried renting before during February, March and have found little to no leads because my community usually caters to families with kids in school etc.
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2 January 2025 | 7 replies
I think the unsuccessful and struggling units who have not jumped ship yet will continue to do so, leading to less supply, increasing demand, and a better year for the successful units.
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6 January 2025 | 7 replies
Skills or qualities in no particular order: Communication, patience, empathy, listening ear, backbone, resilience, determination, organization, work ethic, lead a team, thick skin, time management, trusts their instinct, and all-around good ethics!
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26 December 2024 | 27 replies
We've run about a 20% vacancy rate. 2 of our MTRs have been great, the third we sold after it wasn't generating enough inquiries over two years of effort.
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19 January 2025 | 42 replies
You will then use the K-1 generated to prepare your tax return.
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6 January 2025 | 9 replies
I’m exploring the idea of turning it into a furnished long-term rental to hold onto it, generate income, and possibly return to STR when things settle down.However, I’m new to the furnished LTR space and would love advice!