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21 November 2024 | 21 replies
Quote from @Kaven Li: Is it reasonable to ask the PM to at least make a visit next time to brief the service provider on what the issue is, or is this technically outside of the scope of a usual PM's services?
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26 November 2024 | 21 replies
It seems if you are far away from this property then it might be a good idea to consider hiring the services of an experienced property manager who really could provide ongoing communication during the whole stay.
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22 November 2024 | 7 replies
I've seen people on FB advertise cold calling services which seems interesting.
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22 November 2024 | 1 reply
These can be further broken down into lender closing costs and third party closing costs.Thelender closing costs can include underwriting fee, processing fee, funding fee, origination fee, credit report fee, and tax service fee among others.
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20 November 2024 | 23 replies
It's definitely worth investigating.Yes, you can install motion-sensor cameras to monitor vacant rentals, but they require some paid service to monitor remotely (wifi, hotspot, etc.)
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23 November 2024 | 26 replies
I wanted to reach out regarding a serious matter involving Jay Tenenbaum (and Seth Gershberg his partner), as I know you are an servicer/educator and wanted to make sure people that you surround yourself with don't fall victim to his bad business practices.
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20 November 2024 | 27 replies
Rental Property Listing websites are as follows:www.rentals.com (Paid service from $50 to $180)www.zillow.com https://www.zillow.com/rental-manager/www.trulia.com https://www.trulia.com/post-rental/www.redfin.comhttps://www.estately.com/my/accountwww.rentjungle.com (Paid service $47)www.rent.comwww.rentlinx.com (For small landlord, $19 per month)www.zumper.com https://www.zumper.com/prowww.rentbyowner.comwww.airbnb.comwww.freerentalsite.comwww.craigslists.orgwww.imanagerent.comwww.rentdigs.comwww.allpropertymanagement.comwww.turbotennant.comwww.realtor.comTwitterPinterestwww.Postlets.com(Owned by Zillow)http://apnatriangle.com (Local North Carolina Website)http://www.byowner.comhttp://www.padlister.comhttp://www.realrentals.comhttp://www.rentdigs.comhttp://www.rentlinx.com (This website also posts the ad on realtor.com for free)https://www.rentalads.comhttp://www.mynewplace.com/https://www.realrentals.com/www.byowner.com
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19 November 2024 | 6 replies
So I did that and my property revenue cannot service the debt but using my strategy I'm cash flowing $1100/month after PITI on a new construction home under warranty.
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19 November 2024 | 7 replies
We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?
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24 November 2024 | 27 replies
One that I am interested in does allow you to self manage, but does that present an issue with guests who try to call for service or use the front desk?