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Results (10,000+)
Collin Hays Smokies State of the Union
8 May 2024 | 33 replies
We have a revenue manager making DAILY adjustments to price to get bookings. 
Darren Maloney Cost Segregation & Accelerated Depreciation
9 May 2024 | 16 replies
No other software on the market provides all of this for just $450.In addition, KBKG has more Certified Cost Segregation Professionals (CCSP) in the country.
Jorge Abreu 🏢 Property Inspection Checklist ✔️
8 May 2024 | 0 replies
Furthermore, understanding the resident characteristics allows me to measure the target market and modify my investment strategy accordingly.Inspection ChecklistSituations vary from one property to the next, but here is an on-site inspection checklist to get you started:Interior Units:Inspect vacant units, including one of each finish out type (Classic, Reno, etc.).Check all down units.Inspect one unit from each unit mix.Exteriors:Landscape:Look for overgrown bushes.Identify trees that need trimming (no branches hanging over the roof).Take pictures of the following:Curb appeal on all sides facing the street.Landscape around the office and amenities.Overgrown bushes or trees.Any dead landscape.Areas that may need sod or mulch.Assess drainage:Ensure water flows away from building foundations.Check slope, gutters, downspouts, surface drains, French drains, etc.Exterior Walls:Determine the existing material (wood, vinyl, Hardie, brick, stone).Assess the condition of the walls.Note if painting is required.Take pictures of each building, including building number, each elevation (clockwise), and any breezeways or niches.Windows:Evaluate the condition of existing windows.Consider whether solar screens should be installed.Roof:Identify the type of roof.Assess its condition and age.Parking Lot:Check for potholes.Assess the need for restriping.Note whether the parking lot is concrete or asphalt.Evaluate drainage issues.Walkway:Look for tripping hazards.Assess drainage issues.Foundation/Gutters:Inspect for cracks in the brick.Check for separation in corners from fascia and trim boards.Evaluate drainage and identify poor drainage areas.Amenities:Identify possible improvements.Consider adjustments or additions that can enhance amenities.Talk to the Staff:Maintenance: Inquire about the physical condition.Office: Discuss current residents, delinquency, and potential changes to add value.Assess whether rents are too high or too low.Confirm rents and what is included/not included.Confirm other sources of income and associated charges.Confirm occupancy, pre-release, and vacancy numbers.Note: Maintain professionalism and avoid insulting the owner or broker, regardless of the property's condition.Keep in mind that investing in real estate is like solving a puzzle—you need all the pieces to see the big picture.
Andrew Abeyta As a CPA, how often are you pulled into the LP Pship Agreement drafting conversation?
8 May 2024 | 4 replies
By integrating CPAs into the initial discussions, real estate funds can be structured more effectively, with tax considerations and financial goals addressed comprehensively from the start, ultimately avoiding costly amendments and adjustments down the line.
Michael Calvey How Are Savvy STR Hosts Using Automation to Transform Their Businesses?
9 May 2024 | 19 replies
The tool we implemented was Price Labs which has a feature that allows you to adjust minimum stays based on how far advanced a guest is booking. 
Daniel Barad Wildly Different Rent Estimates
8 May 2024 | 26 replies
Should I just post it at the high end estimate and adjust it down?
Adam C. Any articles/literature that got you thinking?
7 May 2024 | 5 replies
Should I adjust my goal?
Dan Lucchesi Cost Segregation - A Red Flag For the IRS??
7 May 2024 | 13 replies
Our original and adjusted basis on each property falls in the $400s and the Cost Seg studies are being quoted in the mid-$2,000 range per property.
Emre Dura Need legal advice for LLC opening as a non-US citizen/resident
6 May 2024 | 5 replies
The application is done with IRS Form W-7, and foreigners must provide original certified identification documents.IRS Form W-7IRS Form W-7 InstructionsThe IRS has 'Certified Acceptance Agents' who are authorized to certify foreigner investors’ original documents and process the application.
Johnathan Martinez Hello and Great day
7 May 2024 | 6 replies
Persistence is key – it involves adjusting to market changes and overcoming difficulties with patience.