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Results (10,000+)
Malik Javed Special Depreciation Rules for Short-Term Rentals (STR) and Long-Term Rentals (LTR)
1 October 2024 | 1 reply
The studies can address current year assets as well as those placed in service in prior tax years without the need to amend prior tax returns.ConclusionUnderstanding the difference between short-term and long-term rentals is crucial for real estate investors, particularly when it comes to depreciation and tax planning.
Michael Belz Airbnb Management & Staging Fees - Is This Standard?
2 October 2024 | 16 replies
If so, plug your address in there and see what the comparable properties are doing.In my opinion, Airbnb is a professionals game now.
John Arena How to change PM?
2 October 2024 | 4 replies
It’s a good idea to get specific about how they plan to address maintenance or operational issues independently, so you’re not getting those 8-10 calls a month.Marketing Strategy: How do they keep your listing competitive on platforms like Airbnb, VRBO, and others?
Jose Quinones Long term visitors raise water bill
2 October 2024 | 8 replies
I’d like to send a notification addressing this to my tenants.
Joe Connelly Evicting Tenant for Running Illegal business in SFH - massage parlor...
1 October 2024 | 2 replies
Lease clearly stated no illegal business and I'm pretty sure he won't be able to pay rent without the additional cashflow he had coming in.Tenant actually put the house address on a website for rub & tugs (rubmaps.ch)- that we are trying to get removed. 
Jose Quinones What’s your process to bring in new tenant?
2 October 2024 | 11 replies
We still ran credit, to check for evictions and to see address history. 
Katie Miller Zillow Requires A Valid Listing Agreement
3 October 2024 | 23 replies
The listing agreement must include the following:* The agreement's valid date (must be signed within the past 30 days)* Brokerage and agent representing the owner* Signature from both parties entering the agreement* Full property address (including the unit number, if applicable)* Terms stating that you have exclusive permission from the owner to rent/lease the property"The problem is I am not a realtor or broker. 
Simeon Rivas Tenant refuses to give me forwarding address for security deposit
26 September 2024 | 4 replies
My former tenant is refusing to give me her forwarding address.
Stuart Udis Don't let the cheerleaders drown out sound advice
4 October 2024 | 16 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Karl Kauper Tenant Background Checks
30 September 2024 | 8 replies
@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?