Orlando Kell
What is proper order of rehab work?
11 November 2024 | 36 replies
Exterior structural, structural, functional, cosmetic. ( some variations, but generally true)
Haim Assaraf
Suggested Tenant Amenities
6 November 2024 | 6 replies
I would say your best bets is a gym as a tenant amenity or a community room that tenants can rent for family functions, parties, etc.
Brody Veilleux
Managing multiple bank accounts and accounting for them
9 November 2024 | 9 replies
More bank accounts will require more accounts to be connected to your accounting software.I personally don't like to have a checking account and savings account for each property(If you have 10 properties, that means 10 checking accounts, 10 savings accounts, 10 account numbers to remember, 10 checkbooks, 10 debit cards, etc)However, it will make using the class function easier when you do your books.Best of luck.
Account Closed
Finder's Fee for Non-Agents Illegal?
6 November 2024 | 19 replies
That you state in your finder's fee contract with the owner that your sole function is Only introducing the buyer or investor to him/her.
Dani Beit-Or
How Would You Structure A 1031 on a Primary?
7 November 2024 | 5 replies
You only roll over the 2mm, take a 500k cash out and then claim the 500k sec 121 exemption.You can think of it like taking the 500k off the top, then the remainder functions as a normal 1031 exchange would.
Jake Moss
Finding Investors/Creative Financing
4 November 2024 | 2 replies
I started by going through the posts here using the search function and then trying to connect with the realtors and investors and whole salers and lenders specific to the city I am interested in!!
Teddy Kennedy
Tenants are asking for a rent rebate for renovation
4 November 2024 | 8 replies
Additionally, there was still a fully functioning bathroom during that time.
Priti Ag
Using the same property as MTR or STR?
5 November 2024 | 6 replies
We manage several 'hybrid' properties in Indianapolis, where many function as STRs for the majority of the year and shift to MTRs during the winter months.
Shalom Kronengold
Looking to make my FIRST Investment in Indy
3 November 2024 | 4 replies
The search function here will help you a lot.
Justin Brickman
Pros, Cons and recent regulations of STR investing in San Antonio
4 November 2024 | 4 replies
Excessive complaints or three violations in three years could lead to losing the ability to operate.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o