Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Let’s break this down:The Pros and Cons of SellingPros:Unlock Significant Equity: Selling would give you $500K in cash (less transaction costs), which you could reinvest in multiple properties in higher cash-flow markets.
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
@Jonathan B.Assuming you pass the "material participation" test for 2023 and did not use the property yourself (or used very little), you should be able to treat it as an STR for 2023, including bonus depreciation.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
Quote from @Tod DuBois: Hostaway appears to integrate with the multiple channels - but I hate to do a software setup and learn it's not a good place to do what I need to get done (which is work as little as possible and optimize my occupancy).
Karl Kauper
1031 Exchange Deadlines
24 January 2025 | 10 replies
You could also consider a reverse 1031 exchange, where you buy the new property first.Make sure to identify multiple properties (up to three) to keep your options open, and try to negotiate longer contingencies with sellers.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
He used https://www.dealmachine.com/ interesting we are researching different sites right now and are testing propertyradar.
Mel Rosario
Help with Apt insurance in California
17 January 2025 | 3 replies
Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Skipping Toy Shop SchoolTo open a shop, you need to learn the rules, take a class, pass a test, and even keep learning as new toy trends pop up.
Jacob Campbell
First Rental Property - TurnKey Options
23 January 2025 | 3 replies
We vetted a handful of "turnkey" companies and REI Nation was the best in terms of reviews across multiple sources.
Brandon Weis
Collection Agency Recommendations
14 January 2025 | 1 reply
We have tried multiple local collection agencies, and we have not received a penny for over a hundred thousand dollars of bad debt submitted to them.We keep hearing, "It takes time" but it's been well over a year with the most recent one.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
I had a tenant force me to pay for some dumb azz air quality test where she claimed my air was bad and making her sick.