
13 January 2025 | 15 replies
How limited is your knowledge base?

18 January 2025 | 11 replies
I was very happy with the first management company and then widely disappointed based on the expectations that were set by the first one.

14 January 2025 | 9 replies
I have noticed that properties that allow pets in outdoor based communities perform great as well!

16 January 2025 | 1 reply
Permit eligibility is based on region (usually the west side of town) and density (quantity of surrounding STR's in the area) as well as percentage of landscaping and minimum parking requirements.

16 January 2025 | 23 replies
The biggest key was understanding that It was more important to get on base then it is to hit a home run.

15 January 2025 | 9 replies
I don't know CLE per se (I'm based in STL), but I know the financial side of gut rehabs in urban centers of big cities.

14 January 2025 | 1 reply
Even with the redactions, it's not hard to figure out based on deduction how much we are making from the rental and from my income.

12 January 2025 | 2 replies
Here's a chart from ShowMojo based upon the thousands of properties their clients use their system for:Not sure how any landlord or PMC doesn't understand that DOM are affected by the time of year and it's taking longer to find tenants than any time since 2018!

11 January 2025 | 8 replies
Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.

11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.