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27 March 2024 | 21 replies
Yeah to be honest.. similar to a LTR. once the systems are setup in regards to documents, listings, cleaners, handymen, trades etc.
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26 March 2024 | 5 replies
The main purpose of getting a property is that I want to use it as an investment property where I could have tenants or maybe even air bnb something that would bring me cash flow, I was wondering if anyone has any advice on loans or agents or maybe even any ideas/strategies that would be good insight on helping me beginning my journey.
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26 March 2024 | 4 replies
The plan is list 10 of our units on Airbnb (we have current PM systems, hospitality, cleaners and maintenance techs in the area already).
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26 March 2024 | 12 replies
As long as you are changing the sheets and don’t use a management company the leases are more than 14 combined days/yr it is not considered passive. https://www.hrblock.com/tax-center/wp-content/uploads/2018/05/airbnb-taxes.pdfAs soon as you hire a cleaner, and they work more than 100 hours a year (20hrs/week) you cannot use the soloK.
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26 March 2024 | 6 replies
Spend 100 hours materially participating and more time then anyone else involved (cleaners, maintenance people etc)3.
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26 March 2024 | 6 replies
My tenant is clearing out right now, and at the rate he has been packing and moving, I think he will be gone within 24 hours.I'm tempted to throw an air tag on his car, so I can have knowledge of his new whereabouts for this purpose.
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25 March 2024 | 23 replies
We also mirror the $500 refundable DD but are trying to figure out a cleaner way to handle it.
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26 March 2024 | 14 replies
.- remember that you'll be paying all utilities if you rent by the room, so factor that into what you charge for rent, and consider using remotely-controlled nest thermostats so they can't jack the heat up beyond what any normal person would pay for (if you're in a cold area). the same could be said for a home with central air in a warmer climate.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?
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25 March 2024 | 8 replies
I have a guy who has an avionics business that wants mezzanines built for office space, technician training rooms, rest rooms and etc..You actually hit on a great opportunity that is currently out of my budget limits and that is Air Park development.
25 March 2024 | 4 replies
I am looking at doing turnkey rentals right now because my mindset currently is it will be cleaner.