Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
A savings to put deposits and another account for everything elseyou don't need separate bank accounts as accounting software will classify all of those items.
Gabe Chase
Best Amenity to Add?
30 December 2024 | 13 replies
Also, what others have said, the personal touches on what is in your place (e.g. providing all the essentials instead of having people buy TP, coffee, shampoo, etc.) and the quality of those items (no tattered towels, stained sheets, etc.).
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
I think negotiations on knocking the price down on inspection items on value add will be huge especially if its a flip like you mentioned.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
In my area (near the beach) its mostly families and they want cabanas, baby items, chairs, coolers etc that we do not provide but I have a local vendor that delivers and picks up these items and charges a few dollars per day for each item, and give me a 20% referral.
Deborah Wodell
How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
I would try to buy properties starting at a specific date so not large ticket items come up.
Tom Borton
Help me analyze: Potential STR mountain cabin build (Packwood WA)
10 January 2025 | 14 replies
It would cash flow nicely.One item to plan for from the beginning is the exit.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
When it comes to assessing maintenance costs, one of the best approaches is to request itemized breakdowns for larger repairs.
Jason Bales
Understanding Housing Vouchers
2 January 2025 | 2 replies
So, if your property has all bills paid by the tenant, you will deduct from the voucher amount the set amount by bedroom count for items like water, electric, gas, etc.
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
Basically almost all the items you mentioned when traveling can be written off to a certain extent.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
When an owner replaces or retires certain items (e.g., lighting, HVAC, or carpeting), they can claim a deduction for the remaining undepreciated value of those items.