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25 September 2024 | 18 replies
@Shyam Subramanyan Yes, you can perform a cost segregation study on your STR properties for the 2023 tax year, even for properties acquired in 2018, 2021, and 2022.
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23 September 2024 | 10 replies
Highlighting the STR revenue potential, especially in a prime location, could attract investors looking for both income and future appreciation.Steps to take:Prepare a detailed financial breakdown of the property's current performance and future projections.Include comparables in the area to show both STR potential and anticipated appreciation.Offer flexibility in the buyout terms (e.g., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.
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20 September 2024 | 2 replies
Walk thru that exercise to determine you location and market strength. 83 units is a nice size to get started if you plan to Scale.
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21 September 2024 | 19 replies
In other words, gross negligence refers to an act taken without exercising even the most basic amount of care owed to others.
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21 September 2024 | 7 replies
Good Evening BP members, I am looking to take equity out of a very strong performing long term rental.
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20 September 2024 | 2 replies
New user, first time post.Trying to gather info for an HOA Board about possibly having the HOA buy 'bulk' cable TV, Internet (Wi-Fi) with VOIP for use by each owner in a 55 year old and over HOA with 62 dwelling, plus a clubhouse with at least two additional TV usage locations (main clubhouse room, plus exercise room).Cox/Xfinity is the current supplier for the entire property which only has coax cables installed on the property below ground.
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24 September 2024 | 12 replies
Yep, it's basically a dummy company, customer service is a black hole, and when I ask for someone to verify my claim that Stephanie told me I could get out of my contract due to lack of performance, they can't even tell me if she's still in charge.
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20 September 2024 | 7 replies
As the lessee, I believe you can expense the roof replacement and then wait to exercise your option.
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21 September 2024 | 14 replies
I would list it everywhere you can, but I would connect with a local high-performing agent, as they will be able to get the most out of it for you.