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18 November 2024 | 9 replies
Operations- tenants refusals, either cull them before they get to you by requiring autopay as an example, document on their application why you refused them, make sure your facilities are maintained properly and no safety hazards exist, etcLLC.
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14 November 2024 | 11 replies
You were upfront about there being no vent and needing to use a ventless option, so you don't have to install that for them or even split it, but splitting it probably is somewhat fair.
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23 November 2024 | 38 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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15 November 2024 | 11 replies
This means that your accountant can report your exchange as a partial exchange and partial installment sale with proceeds received in 2025.
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19 November 2024 | 3 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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18 November 2024 | 13 replies
The reasons they identified will not impress the judge and you will win as long as you followed the proper procedures.There is no way to ensure that they won't damage the property, but you have recourse if they do.
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16 November 2024 | 9 replies
By the time you spend the labor on re-facing, you can often demo, and install new cabinets for about the same amount of money.
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18 November 2024 | 13 replies
STRs are difficult for a traditional LTR PMC to properly manage!
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13 November 2024 | 5 replies
I've used Lifeproof from Home Depot, it was a little bit harder to install due to it's rigidity and thickness but it's extremely durable and easy to clean.
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18 November 2024 | 27 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊