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12 November 2024 | 12 replies
., I would post it up competitive with the others in the resort.
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14 November 2024 | 13 replies
It was very competitive due to location but offer was accepted and we closed in April.
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12 November 2024 | 17 replies
DIY Basement BuildoutFinishing the basement for around $25K could improve your STR competitiveness and increase rental rates.
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13 November 2024 | 10 replies
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.
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14 November 2024 | 9 replies
There is plenty of agent competition, in Denver especially.
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13 November 2024 | 5 replies
I price my midterm rentals in Denver and Colorado Springs through a blend of rentometer.com, checking out the competition and paying attention to the season.
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18 November 2024 | 35 replies
People think it's inexpensive to install a Washer & Dryer, but getting the gas, electrical, water, and drain/vent there is usually quite expensive.Here in Chicago, we always want to be at the top of the market regardless of the competition, so we almost always install a W/D when we renovate our properties, even in some of the less desirable neighborhoods.
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13 November 2024 | 4 replies
Banks often have higher fees and less favorable rates, while online services like Wise offer more competitive options.As @Ryan Konen mentioned, other alternatives include Revolut for multi-currency transfers and OFX for large transfers without limits.
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13 November 2024 | 1 reply
Has a ten-year-old roof 3-tab, but the condition is more deteriorated compared to its relatively young age.
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15 November 2024 | 13 replies
I would review your PM agreement you signed to see all the terms and conditions you agreed to and how the money flows and if you are required to have an account with them with a min dollar amount for emergency repairs (usually $500-1000).