If the handyman can’t get those things done in that amount of time they have no business being a handyman.

These are by far the least amount passive so do your due diligence on understanding how to run a successful STR business and researching local laws on allowing STRs.2.

You will have spent real money to get financial reports that likely show a combination of mismanagement (but likely not illegal) and general inept business decisions, which still won't get you money.I am sorry you had this experience.

Shaq doesn't get half the credit he deserves for his business savvy.

Hello all, my business partner and I started BRRR's in Texas in 2023.

You have to be a serious individual that takes care business.

"Chasing" after a tenant is not good business and will waste a ton of your time.

If the IRS gets busy auditing them, maybe they will leave you alone.

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

Look into Baselane it’s designed specifically for real estate investors, You get automated rent collection, expense tracking, it makes it easier to manage properties, stay organized, and keep up with your finances.