Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
I buy for 80k with a private lender at 8%, maybe clean it up a little or maybe not.
Chris Johansen
JV best structure
10 December 2024 | 7 replies
Since you mentioned a construction site injury in your initial post, the best way to proactively avoid premises liability claims is by keeping a clean worksite.
Elizabeth Rose
Underwriting a PadSplit deal - assumptions and operating expenses
4 December 2024 | 9 replies
Typically issues are raised when the exterior is not kept up with / parking on grass / garbage in neighborhoods where everyone takes pretty good care of their homes.If you keep it clean and run a tight ship, you should be okay most of the time.
Rance Smith
Crazy Chicago real estate Journey
12 December 2024 | 19 replies
Plumbing: The plumber spent hours cleaning out “flushable wipes” from the pipes.
Max Dauer
How Much Time Do You Spend Managing Your STR
9 December 2024 | 7 replies
Most of the time is spent answering guest inquiries, scheduling cleanings, and handling the occasional issue that pops up.
Taryn Lewis
First time home buyer( investor property)
8 December 2024 | 3 replies
Get your credit cleaned up, ditch the car payment and find a side hustle to grow capital.
Toby Khan
Wichita, KS Investors
9 January 2025 | 107 replies
I came across few duplexes that I’m looking into in Wichita, hopefully inspection comes back clean and we buy these ones.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
15 January 2025 | 41 replies
The plan is to put the rentals in SCH E of our joint return and file with TurboTax-We live in Florida-Leases under my wife's name, Airbnb app under my name, dedicated bank account for all rentals activity in the name of both-We have umbrella policy for liability protection for the rentals-We leverage some contractors (for example cleaning lady for the Airbnbs or lawn maintenance guy) that we pay >$600 for their services in a year and they are not our employees.
Brett Riemensnider
Claiming Expenses on SMF During Tax Season
11 December 2024 | 6 replies
Direct expenses are expenses directly attributable to the rental units (ex: rental unit repairs/cleaning, advertising, rental adm exp, etc)
Benjamin Latusek
Local investor and property manager Introduction
6 December 2024 | 6 replies
To stay ahead of any issues, we offer coordination of gutter cleaning and furnace tune-up every fall and spring clean-up every spring. 4) Own the outcome—This is the philosophy we live by.