8 May 2024 | 24 replies
for the FWIW file and congrats on selling your bizz thats a nice payday.most of the folks I have done bizz with over the years that are very liquid will buy as high end of rentals as they can IE A class and put professional management in there. many states require on site manager over a certain amount of units as well.. so the PM is really managing this employee that is mandatory for you to have.. this could work well for you you manage the on site manager let them do the dirty work and you stay engaged and gives you something to do.. good luck with it..
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7 May 2024 | 56 replies
There are a number of guidelines the IRS has for performing a proper cost segregation study (which will pass in the event of an audit) Here is the link to that list on the IRS website:Cost Segregation Audit Technique Guide - Chapter 4 - Principal Elements of a Quality Cost Segregation Study and ReportI have never seen a DIY before, but I'm sure people do it.Depending on the size and type of your property the fee for engaging a qualified engineer-based firm to conduct the study can be as low as $3,000 (lower in certain cases), and the significant benefit created well outweighs the minimal costs.
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6 May 2024 | 23 replies
I think it's some of the same players and sounds like a deal I'm being pitched..
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6 May 2024 | 10 replies
For illustration purposes perhaps that technique would be more accepted when you are a vendor mowing a lawn or clearing out junk as a one time engagement but as a property manager there are significantly more pitfalls and potential instances of liability exposure.
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9 May 2024 | 65 replies
Does posting on these forums lead to business engagements for myself?
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6 May 2024 | 8 replies
Do appreciate you pointing out the obvious that there are good and bad players everywhere:)Nice website also.
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5 May 2024 | 6 replies
I don't seem to get the same engagement I used to on FB and IG.
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5 May 2024 | 9 replies
It's vitally important to know who you are working with, and have the history of the players involved.
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5 May 2024 | 9 replies
I’ll have to check into Xfinity and see if they are also engaged in the “race to the bottom” price war that Cox and AT&T are waging in our area.
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5 May 2024 | 19 replies
While it’s possible engaging in one of these programs can shorten the time required to become a “power” agent considerably, it also may be a gigantic waste of money if marketing efforts are engaged without waiting for the all important test results.One popular career tract being offered in collegiate business programs across the world right now is marketing data analytics - analyzing the results of test marketing campaigns and applying/interpreting these results to form an effective and profitable marketing program.The other choice is to engage one of the many companies that will set up a generic real estate agency website for you, with the usual stock photos as well as MLS feed, create a blog and tie it to the new website, and start posting information and answering questions are various social media sites.After getting your feet wet, you can purchase services such as SEO, or a PPC campaign, on a a la charge basis, and track the results using one of many analytical programs available online.