Over half of my clients are remote Buyers, so I've gone through the STR transition process with lots of investors over the past few years.

Then she still only makes 2% extra for taking the risk of you not paying versus a bank.

But if you feel like you can learn the same skills on your own through experience and other resources, saving that extra tuition for your first investment might be the better move.

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

A property with only one full bathroom will be more valuable with a downstairs powder room or basement half bathroom.

Does anyone know of any real estate brokers in California that offers the MLS-only membership as I don't want to pay all the extra fees to be a part of CAR/NAR.

I find tenants really appreciate that little extra touch on move in day.

On our first house we have a standard key and have an extra key onsite in a lockbox in case for any maintenance and lockouts.

I used all the rent and any extra money towards paying them down.

Check passive loss rulesTrack carryforwardsMost small landlords will simply:Take the simplified $5/sq ft deductionClaim it if they have net rental incomeSkip it if they're already showing lossesPro Tips: 💪Use the simplified method - it's $1,500 max (300 sq ft × $5)If you're showing profits, take itIf you're showing losses, don't botherKeep basic photos/documentation of your spaceThe Bottom Line: 💰If you're making money on your rentals and genuinely use a home office, this is a nice extra deduction.