
4 July 2024 | 4 replies
Both works well and affordable.If you require something complex i would try aircall.

3 July 2024 | 6 replies
On a new build $275k is the sweet spot but if you go up to like $320 it better have a steep roof 9ft ceilings and curb appeal front or it will sit up to 90 days before selling.Its basically what most people can afford around here.

6 July 2024 | 25 replies
Property manager also own lots of their own properties/apartment complexes.

4 July 2024 | 7 replies
This general log gives an overview of your activities, but it might not be detailed enough for IRS purposes.Example 2: Detailed LogMonday, 7/1/247 AM - 7:30 AM: Monitored security cameras1:30 PM - 2:15 PM: Responded to tenant question regarding parking3:00 PM - 3:30 PM: Monitored security cameras4 PM - 4:15 PM: Checked mail and delivered to tenants, as necessary7 PM - 7:30 PM: Monitored security cameras10:30 PM - 11 PM: Monitored security cameras7 AM - 11 PM: Remained on standby all day for tenant needs/emergenciesThis detailed log breaks down your activities into specific time slots, which can provide a more precise account of how your time was spent.Best Practices for Record-KeepingBe Specific: Break down your activities into smaller time intervals, as shown in the detailed log example.Use a Logbook or App: Consider using a time-tracking app or a dedicated logbook to keep daily records.Document Standby Time: Clearly note the hours you are on standby for emergencies, but also separate it from active tasks.Include All Activities: Document everything from advertising to maintenance and tenant interactions.Consulting with a Tax ProfessionalGiven the complexity of qualifying for REPS, it's always a good idea to consult with a tax professional.

4 July 2024 | 14 replies
I think that complexity would probably stop most people.

2 July 2024 | 0 replies
During the past three years, a healthy proportion of those transactions were motivated by the sale of property in California or Washington/Idaho or Arizona/Nevada through a 1031 Exchange for coastal homes or multi family complexes along the Oregon Coast or I5 corridor.

3 July 2024 | 3 replies
We believe that the collective knowledge and insights from this community can be invaluable in helping us navigate the complexities and opportunities in this field.We are particularly interested in:Understanding the key challenges and best practices in new construction projectsLearning about effective project management strategiesInsights on securing financing and managing budgetsTips on choosing the right locations and marketsExperiences with regulatory and zoning issuesNetworking with potential collaborators, contractors, and service providersIf you have experience in new construction or are currently involved in such projects, we would love to hear from you.

2 July 2024 | 2 replies
Sounds like a sweet deal if you’re looking for the same - the few 100% LTC programs I know of cap the Loan-to-ARV at 65-70%.

3 July 2024 | 0 replies
Investing in residential multifamily properties allows you to capitalize on this appreciation while benefiting from multiple rental incomes.Easier Management: Managing a small multifamily property in San Antonio is generally more straightforward compared to larger complexes.

2 July 2024 | 3 replies
I do know that the more complex/custom you make it, the harder it is to maintain.