Now, my focus is on building a strong portfolio, deepening my industry knowledge, and creating generational wealth through strategic investments.Welcome to the area!

Adding rooms does create the potential for more conflict but carefully thought-out floorplans, designate wet and dry storage spaces, and provide supplies.

A transactional agent is best for exactly that, the transaction, how to in contract negotiations, how to get under contract, get best deal in contract and sometimes how to dig up and create a purchase potential or how to best sell. if you want to know about operational wise, speak to those in the operations side of things.  

For Canadians seeking to tap into the market in the States, the way the LLC is arranged creates a challenging tax environment and basically leaves you limited return. 

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.

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.

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.

I blame the politicians that create rules that allow this.   

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.

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.