
5 March 2024 | 27 replies
Guests typically only use their suitcase anyways, Dressers are also a great spot for guests to leave items behind that the host has to then deal with.

5 March 2024 | 11 replies
Hey Chris,I have an example Scope of Work document uploaded to my fileplace which has a list of common Scope of Work items and descriptions to get bids from your Contractors, which might be helpful.https://www.biggerpockets.com/files/user/drobertson/file/sample-contractors-scope-of-work-documents

4 March 2024 | 6 replies
If it's part of the contract that the seller will take care of all of the village inspection items and now he's refusing then your attorney (if your using one) should be communicating to the seller that he will be in breach of the contract if he does not take care of the items.

4 March 2024 | 1 reply
What's most important is simply having an itemized scope of work for the $70,000 rehab--you want to be able to explain how you got to that number and what exactly is going to be done to the property.

4 March 2024 | 8 replies
As long as I am diligent about my receipt capture, this limits the number of open items for a bookkeeper to clarify with the client.This is how I advise my clients as well.

7 March 2024 | 82 replies
We upsold them some bike rentals for that week and ended up more than the "platforms" so we effectively captured there fee, made more money and rented items we already expensed and owned.

4 March 2024 | 31 replies
The work took one week to paint the whole interior except living room and hall way, fix some concrete on the porch, landscape, and a ton of miscellaneous items inside the house.

3 March 2024 | 16 replies
Keep track of what items are purely for the rental unit and what items are for both units.If it's an item that is technically for improvement of the whole house (landscaping, common area improvements, exterior siding/painting) you can only write off a portion.
4 March 2024 | 11 replies
Lastly, you can ask what other investors pay for items in the area and base prices on that.

4 March 2024 | 8 replies
These are all great items to go over now that you are starting to scale.