Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.
Murtuza Khoja
Considering buying a STR in Kissimmee
29 January 2025 | 3 replies
Often, buyers will make the mistake of selecting an already themed home that looks ok in the real estate listing.
Kana Watanabe
Los Angeles ADU Experience
14 January 2025 | 11 replies
For our ADU (garage conversion), I am handling the design/engineering and then selecting a final contractor once its permitted and ready to go.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
I’d love to connect with experienced landlords and investors who can share advice on getting started, selecting properties, and navigating the Section 8 process.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
27 January 2025 | 9 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
Strong rental demand: With major employers like the Cleveland Clinic and University Hospitals, along with a growing arts and culture scene, Cleveland attracts a steady stream of renters.Revitalization efforts: Many areas of Cleveland are experiencing significant revitalization, which can lead to increased property values and appreciation potential.I can't comment on the Detroit market specifically, I have never been and have never done any research on it!
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
As for selective screening alone, even a property manager told me “even doctors sometimes stop paying”.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
Amazon has an amazing selection of affordable covers and you can search by color/pattern.
John Williams
Maximizing Returns on Your Rental Property
10 January 2025 | 5 replies
Some companies allow property owners to select tenants and set the screening criteria...We do not - our criteria does not bend.