Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
MTR brought in 75% of the gross and more of the net due to lower cleaning fees for turning over the STR.For gross numbers we brought in about 1.2% of the ARV value in monthly rent this year which is decent based on the rules of thumb at least.
Marc Shin
STR soap and toilet paper
19 December 2024 | 28 replies
As long as it cleans my bum I don't really spend a lot of time thinking about it, and I suspect most of your guests won't either.
Ryan Daulton
Mid-term rental pricing
29 December 2024 | 16 replies
The tenants have paid and if someone is thinking about moving out then an extra surcharge that hits if they aren't out in time for us to turn the place for a lucrative AirBNB short term rental can help massage the move out timing.That said with MTR we do not have the cleaning costs that eat up a lot of STR gross, and its lower hassle in some ways.
Will Reed
Roots in Pipes
19 December 2024 | 7 replies
@Will ReedGet a second opinion from another company (one that just does cleaning and scoping not repairs as the companies that also do repairs tend to recommend repairs).
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 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.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
Offer to give them their full deposit in cash on move-out day, if they leave the place clean and empty, etc.
Chris Kelly
Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
Or do they just want to sign an agreement to move out in 30 days and you'll give them their full deposit in cash on move-out day, if they leave the place clean?
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Then clean up or subdivide and sale.
Kegan Scholl
Best market to house hack in?
28 December 2024 | 24 replies
You can even "pay yourself" the cleaning fee if you want to and do the turnovers yourself.
Jose Luis Tepox
Mid-Term Rentals Near Camp Pendleton: Seeking Advice on Getting Started
23 December 2024 | 2 replies
Furnishings that are easy to clean, along with amenities like high-speed internet and pet-friendly options, go a long way.