Brandon Morgan
mistake in lease! what to do?
11 January 2025 | 5 replies
also if the landlord becomes responsible for utilities would i be able to adjust the rent??
Robert Ok
How Many Adjustments Do You See During Comps
15 December 2024 | 0 replies
So for the Comps you make to arrive at your ARV something that jumped out at me was the adjustments.
Patricia Andriolo-Bull
Stessa - 179 deductions
10 January 2025 | 12 replies
Quote from @Patricia Andriolo-Bull: Quote from @Dominic Mazzarella: I believe that Stessa isn’t designed to handle all the nuances of depreciation and tax adjustments perfectly.
Melanie Baldridge
A post on recapture.
17 January 2025 | 0 replies
When you go to sell, you're subject to tax on the amount of profit between your adjusted basis and sale price, not your purchase vs sale price.Recapture is not repaying the depreciation.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Troy F.
Does anyone use VRBO or Airbnb dynamic pricing?
9 January 2025 | 15 replies
I update my prices weekly, adjusting just a bit here and there according to my own research.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
If so, you can add package upsells automatically through your property management software (e.g.
Mark Berardi
How’s is Gatlinburg
26 December 2024 | 8 replies
Now after being told by so many "gurus" self-managing is the only way to make things work, they automatically list it for sell.
Pavan Kumar
House not rented for 100+ days
16 January 2025 | 12 replies
If so, consider adjusting your rent or offering incentives like flexible lease terms.
Austin Wolff
Does Oklahoma really have the highest insurance in the nation?
11 January 2025 | 15 replies
Quote from @JD Martin: I would have to see actual data on a median & value adjusted basis to believe that OK is anywhere near Fl on a dollar for dollar comparison.