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25 October 2024 | 0 replies
Any feedback/suggestions are always helpful, and I think you could find it beneficial for your operations as well.
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18 October 2024 | 7 replies
We've already put together an LLA, and found a generic operating agreement online.
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23 October 2024 | 7 replies
You need to do more than a day of fixups - painting, carpet steam cleaned, cleaning all drawers and appliances, exterior touchups.You have a "perfect" process set out, but it's one that will push you to make a bad tenant decision and not vet them properly.
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22 October 2024 | 8 replies
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like.
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25 October 2024 | 2 replies
Standard PM software just doesnt have the sales features to keep up with operations and tools like Follow Up Boss are not geared towards PM's to do thier actual job.Would love to hear yalls thoughts.
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24 October 2024 | 12 replies
What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.
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22 October 2024 | 20 replies
All of the bedroom windows should operate flawlessly.
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28 October 2024 | 40 replies
There might be demand, but oversupply in certain areas, like Orlando, is pushing prices so low that it becomes impossible for some property owners to break even, let alone turn a profit.Agents promoting STRs as "good investments" without considering the current market saturation, high operating costs, and potential competition do a disservice to buyers.
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31 October 2024 | 44 replies
Start small, learn to manage and operate, then you can see where you are eventually in the viability of firing your boss.
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29 October 2024 | 23 replies
I never scaled beyond a one-person operation but was doing an average of just under two deals per month over the course of about three years before I shut it down to focus on more passive opportunities and partnerships.