Orane Jacobs
Midterm Rental arbitrage
27 November 2024 | 16 replies
Other than the costs of setting up the STR PM business itself, there are relatively few costs to the PM for taking on a new property.An MTR operator is usually approaching LTR owner with a proposal: to rent their unit at the advertised rate as a long-term tenant.
Julio Gonzalez
11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
Time the Sale Strategically: Selling the property in a year when your income is lower can place you in a lower capital gains tax bracket, reducing the tax rate on your gains.8.Deduct Selling Expenses: Costs associated with selling the property, such as real estate commissions, legal fees, and advertising expenses, can be deducted from your sales price, thereby reducing your taxable gain.9.
Ian I Leinwand
Medium Term Rental Leasing - Month to Month or Set Lease Term?
19 November 2024 | 6 replies
We advertise on Furnished finder, zillow and our own website.
Sandra Ho
Better to have no tenant or a tenant with history of multiple late payments
18 November 2024 | 11 replies
Typically it is asking too much for rent, but it could be your advertising is poor or your property is not in good condition for that area."
Madhuri Gupta
My experience with Flipsystem
21 November 2024 | 11 replies
These properties are on the MLS most of the time. but to be fair, it is not required for you to buy their advertised properties.3.
James McGovern
Insurance to cover rising HOA assessments?
16 November 2024 | 3 replies
Don’t call the random agent down the street with the company that advertises on TV.
Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan.
Alan Cassidy
Setting up Google Drive
15 November 2024 | 3 replies
I'd recommend a "Templates Folder" that has templates for common used docs like leases, notices, advertisements for properties.I actually just did full video on my Google Drive set up over on my YouTube channel :)
Christina Haws
Purchasing a mobile home/RV Park with seller financing
13 November 2024 | 6 replies
We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Sponsor does not pretend to be the second coming of Warren Buffet: Sponsor does not tout a "Track Record on Full Cycle Deals" that is marred by no recent exits and obviously struggling current portfolio in public advertising.