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22 January 2025 | 4 replies
I’m a long term rental guy, so make less than an Airbnb type operation on cash-flow .
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10 January 2025 | 12 replies
One workaround could be keeping a separate spreadsheet to track your adjusted tax basis accurately and only using Stessa for operational insights.You could also reach out to a cpa and see if they have a specific recommendation for software to use.
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17 January 2025 | 37 replies
Unfortunately, no one is "allowing" them to operate, @Stylianos Kalamaras.
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29 January 2025 | 23 replies
Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane.
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29 January 2025 | 25 replies
This person pays one full month and now I am switching companies to evict them.The director of operations keeps getting fired and swapping with a new person and then they email me and dont even remember that we had already spoken on the phone about the eviction.I learned more about the eviction process by talking to other local brokers and property management companies who I wasnt even paying yet than I did from my own company.
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29 January 2025 | 11 replies
Simply put, there are a limited amount of PMs that will operate in the area, so I ended up with poor management.
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14 January 2025 | 2 replies
In our area, it is rare to find a gas station where the real estate is owned by the operator.
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14 January 2025 | 18 replies
How about using SDIRAs not to hold assets but to operate businesses?
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14 January 2025 | 2 replies
Don't operate under the, "we get along and can figure it out" mindset.
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31 January 2025 | 170 replies
It’s a well oiled operation to collect money then give you vague updates and excuses.