Michael Ghim
Recs for business checking accounts and credit cards - can you have too many?
9 August 2024 | 13 replies
These detailed records, (many copies of which had to be scanned & emailed to them), saved us from any 'taxable consequences'.
Katie Hartung
New to STR management for others and seeking your expert input
10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
Alex Waite
When is living with parents too much?
12 August 2024 | 20 replies
One began selling custom flip flops, (bought their own material with money saved), Another who was always encouraged with a camera, attempted to take pics for young people proms, birthdays etc.Then they helped me with a former biz of cleaning up HUD properties during the housing crisis on early 2000’s.Next, but not all of the details for sake of my response.
Yosef Lee
My first ever 44 Unit MF apartment closed in Dec. 2020
16 August 2024 | 277 replies
A good friend of mine is now in Dallas for short trip and she sent me a pic of daily long horn cow run?
Evans Debeza
Looking for Honest Feedback on The FlipStress
12 August 2024 | 21 replies
I also found a website that scans/monitors other sites for legitimacy, and it flagged theirs as likely a scam; d) I know of a handful of investors in my area who didn't learn through a program like this, but through their own networks and education (through REI networking events, getting their RE license, property management, books, etc); e) I started exploring BP's free and affordable (i.e. books) resources, and it turns out, these have been immensely useful and educational and allow me to move at my own pace.
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
Sprinkler system check Mot all of this, excluding the plumbing, will be on the $500 inspection report with a well rated local filling you in on all the details with pics.
Blake Williams
Introductions and Advice on Broker / Lender Partnerships
8 August 2024 | 5 replies
Structured correctly, entity paperwork in line, we're sure about credit and liquidity, we have the title and insurance contacts, we have pic IDs.
Clinton Davis
Any one use Century Key Capital?
7 August 2024 | 2 replies
I attached a pic of their signature below so you can have their contact info.
Frank Patalano
So what's holding you back?
19 August 2024 | 3705 replies
I listen to every podcast and scan deals on Zillow/realtor etc and run numbers on potential deals a few times a week.
Saji Ijiyemi
Contractor doesn't want Payment Reported to IRS. Will I be able to take deductions?
7 August 2024 | 8 replies
Or just seen pics on his phone?