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1 October 2024 | 6 replies
They generally have large portfolios allowing for in house maintenance and management staff along with a point person who is communicating with the local housing authority on a regular basis and has the ability to streamline operations.
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1 October 2024 | 1 reply
If any portion of the building or structure is occupied by the taxpayer, the gross rental income from the property must includes the fair rental value of the unit occupied by the taxpayer.IRC 168(e) defines a dwelling unit as “a house or apartment used to provide living accommodations.
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30 September 2024 | 0 replies
The most important thing to keep in mind is that fast, quality maintenance and good communication are by far the best forms of customer service a property manager can provide.
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2 October 2024 | 10 replies
I am not a plumber, but I have had my fair share of this, and most of the time, you can hire a plumber to snake & jet the line.
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30 September 2024 | 47 replies
The real estate agent I was assigned passed me off to someone else without explanation, and the general contractor stopped communicating with me once I had my first deal under contract.
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30 September 2024 | 9 replies
We currently use an insurance broker that covers while in rehab and then adds loss of rents later once applicable, but communication is difficult when there is a broker involved.
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29 September 2024 | 13 replies
I include written instructions for payment, reporting maintenance, and how the tenant can communicate with me.
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1 October 2024 | 8 replies
Let's say, 10% on average. 25% x (1-.1)= 22.5% average STR fee.Average those two, and you get a little less than 18%, so 15% seems like a "fair" fee
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27 September 2024 | 9 replies
But you can manage remotely fairly easy
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29 September 2024 | 5 replies
Communicate w/ your PM, the City and follow up until it's resolved quickly.