
13 November 2024 | 11 replies
Cleaning and inspection tasks are auto created in Breezeway based on check out dates and assigned to my cleaners so they can see it in their Breezeway account.I could make this simpler by removing either Hostfully or Hospitable since they offer a lot of overlap features.

13 November 2024 | 4 replies
Even if the tenant can’t pay, it sets the expectation and documents the issue.Small Claims Court: If the tenant refuses to pay, you could take them to small claims court, where you can seek repayment without needing a lawyer.Security Deposit: If the tenant has a deposit, apply it toward the damages.Consider Eviction: Given the arrears and damage, eviction might be a last resort to prevent future losses.Talk with your property manager to create a plan that minimizes further risk.

13 November 2024 | 8 replies
This means no rental income or loss is reported for the current year, and the $3,000 can offset future rental income or gains.This post does not create a CPA-Client relationship.

13 November 2024 | 8 replies
I blame the politicians that create rules that allow this.

14 November 2024 | 5 replies
If you focus on creating great spaces, you'll be able to generate strong returns with less worry.You seem to have a solid foundation—keep leaning into that.

12 November 2024 | 13 replies
I created a Google form that has the real estate activity listed in the column and the number of hours spent on each task in the row.

12 November 2024 | 2 replies
Your architect can create this for you.For hot water heaters, is there a lock on the door to that room?

13 November 2024 | 11 replies
I'm also relieved that I hired a local real estate attorney to help create a county-specific, legal MTR agreement for our house-hacking situation.

13 November 2024 | 11 replies
Or at least create plans for emergencies.

16 November 2024 | 12 replies
Given your stage of life, this could be challenging but worthwhile if you’re confident in handling the stretch.Sell, and reinvest in cash-flow rentals: Using part of the equity to generate cash flow with out-of-state rentals could create a retirement income stream now while still capturing SoCal appreciation.