
9 June 2024 | 223 replies
The following are three benefits to having a operating agreement. 1.Reducing Problems and Disputes Between MembersThe most practical reason for the company to have an operating agreement is to mitigate problems between the members, thus reducing the chance of litigation.
6 June 2024 | 6 replies
Reasonable answer: see if you can get ANYONE to take it for FREE if you are on a tight budget or want to reduce waste/ save the dump fees

8 June 2024 | 37 replies
Either simply overpriced and sat for months not willing to reduce the list price, but willing to take a (reasonably) lower offer.

6 June 2024 | 19 replies
@Michael Plaks has a great post on this topic.2 - Assess the value of those tax deductions to you: The value of a deduction depends on (a) whether you're actually able to use it to reduce taxable income and (b) your marginal tax rate.As an STR, assuming the average rental period is 7 days or less, key items to consider are: (a) material participation and (b) avoidance of "excessive" personal use.

6 June 2024 | 4 replies
Focus on increasing earnings, reducing expenses, saving up, and investing.

6 June 2024 | 39 replies
One of the impacts is going to be making it more difficult for guests to afford our nightly rates which is going to create pressure to reduce them.

5 June 2024 | 274 replies
That's 85% of the reduced list price!

9 June 2024 | 40 replies
Yes, they are more difficult to sell (the average homeowner won't be able to buy them, but other investors ARE constantly looking for apartment building offerings- especially the smaller, easier to manage ones, perhaps you reduce the rent for a handy tenant to be the 'maintenance guy', and a smaller complex he can handle in addition to his 'day job'... with multiple units, you get more rent money 'per door'- and if one or two is in transition (not rented), you have the others to make up the shortfall.

5 June 2024 | 7 replies
We've since reduced the price to $995, but there haven't been any showings.