Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
I'd have to ask my wife who handles the accounting etc about the fee question. 30 to 45min a month for 62 properties Not bad.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
RM is plenty robust to handle the items you mentioned.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
So, if deadline not met, we will send our people to handle.4) Vacant properties are easier to deal with, but we still require:- Owner must sign a Hold Harmless to indemnify us against any potential lawsuits relating to the work their contractor is doing and add us to contractor's insurance.--- Another lawsuit from a prospective tenant that slipped during a showing and when they grabbed the handrail, installed by owner's contractor, it collapsed and person injured.- Since we're not really in full control of the property, the Hold Harmless also indemnifies us against anything that goes missing at the property and squatters.We get asked/told to do all kinds of crazy stuff by owners, who either don't care what happens to us or haven't really thought everything through.Hope this addresses your question.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
Some used more creative ways to handle the needs but it is still a capital call and dilutes the return (if anything left).
Joshua Lanzieri
PLS HELP!! Property manager spend $8k over budget
11 January 2025 | 14 replies
From all parties it was not handled right.
Bob Judge
New Member Introduction
25 January 2025 | 6 replies
Start by talking to a cross-border CPA and attorney to handle taxes and legal structures properly.
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
17 January 2025 | 1 reply
Strategic timing matters, especially with multi-state portfolios.Real Example:Investment property sale in 2019Federal noticed unreported gainTwo states involvedTimed response to fall after state deadlinesResult: Only federal adjustment appliedInvestors: What's been your experience handling tax notices across multiple states?
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
And always have reserves to handle any unexpected issues.
Bree Jimenez
Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
I handle dispositions and tech; my business partner is more experienced with exit strategies and the finer points of investment.Hope this helps!
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
Quote from @Greg Grisez: How do you handle this one?