Chad Dembinski
Short term rental management
6 June 2024 | 8 replies
You may want to do the same with the handyman where most of your calls go to your main handyman, but once in awhile use another one to establish a relationship.I have also heard of people using storage units near their properties to store spare TVs, routers, fridges, AC window units, washers, dryers, etc.
John Underwood
STR custom TV Roku remotes
6 June 2024 | 5 replies
Yea I keep a lot of spares of these 3rd party TCL Roku remotes on hand.
Don Konipol
Before Real Estate Investing Went Public
4 June 2024 | 1 reply
What we did have in the way of real estate “education” was (1) the book “HOW I TURNED $1,000 INTO ONE MILLION IN REAL ESTATE IN MY SPARE TIME” by Bill Nickerson, (2) education provided by organizations to qualify for real estate brokerage licensing and (3) courses in real estate offered by collegesI found that because of the type of education provided we were much more knowledgeable about real estate FUNDAMENTALS, FINANCING, AND LAW than investors are these days.
Bobby Valcin
New Appliances vs. Used Appliances In Rentals
4 June 2024 | 23 replies
I place only used and would never pay for a new stove or refrigerator.I simply keep my eyes out for good working stoves and fridges and usually have a couple spares on hand and if something goes down that is not an easy fix I just grab the trailer and dolly and exchange it.And in my area you can find working white stoves and single fridges for $100.00 each if you pick it up yourself.
Jim K.
LIMITING BELIEFS: Which ones have you struggled with?
5 June 2024 | 10 replies
I'll spare you the details, but I had a good 21-year career in the military because it provided a decent paycheck.
Ryan Faber
Cap Gain on Sale When Home is Partial Rental & Primary Residence
3 June 2024 | 8 replies
Here is my situation:I've owned and lived in my house as my primary residence for 3 years.Up until the last year, I have rented out spare bedrooms (space within the living area).I got married about a year ago and my spouse has now been living in the house as her primary residence for 12 months.Question 1: IRS publication 523 states in the section under Business or Rental Use of Home, "If the space you used for business of rental purposes was within the living area of the home, then your usage doesn't affect your gain or loss calculations.
Sunjeeve Weerasinghe
Luxury Vinyl Tile vs Porcelain Tile
4 June 2024 | 24 replies
Very hard to repair as:1) Color codes change fast these days2) Leaving a box of spares leads to tenants breaking the whole box or throwing them away:(LVP is better, but you have to get the thicker stuff and install it correctly.
Matt W.
Hardwood floors extremely buckled and raised, moisture or tenant damage?
2 June 2024 | 6 replies
He claims that in a spare bedroom, which was hidden by a bed, when he moved the bed out he discovered an extremely raised section of the hardwood floors.
Sam Chicquen
Investing In Florida? Good Or Bad?!
1 June 2024 | 5 replies
I was wondering if there are any seasoned multifamily investors in Florida who have an in-depth understanding of the market.If you're someone with significant experience in Florida multifamily investing, I would be extremely grateful if you could spare some time to answer a few questions.
Juan Hernandez
Taking Over Management
31 May 2024 | 11 replies
When the transfer happens, they should provide you with copies of the tenant records, tenant contact information, your owner records, spare keys, codes, etc.The PM should notify the tenant in advance that management is transitioning back to the landlord.