Timothy Fortin
Bonus Depreciation For STR Question
6 September 2024 | 11 replies
To qualify, property owners must meet specific criteria:Guest stay duration: Rentals must average no more than seven days per guest.Service level: Owners must provide services comparable to a hotel, such as daily cleaning, meals, or transportation.
Jon Haney
Help needed with insurance claim issue
6 September 2024 | 13 replies
Suggest just turning in a bill to prove service was on.Proving the service AND the heat was on could be problematic.Yes, you can probably get daily usage history from utility, but don't volunteer it until you're sure it will show good news.
Kunal Lakhwani
Experience with MN Property Nerds or Twin Cities Leasing
5 September 2024 | 16 replies
Over the past year, I've had to make frequent calls and send numerous emails—sometimes daily to MNPMC's office and the managing partner to receive timely owner disbursements.
Billy Knox
Why use a Real Estate Agent?
20 September 2024 | 73 replies
I do this because I know all the varies things that can go wrong in my market, all the little laws and nuances that can make big dollar differences that Im aware of and take advantage of daily.....things like those exist in those other markets where I have limited real estate and legal knowledge.I'll use this as an easy example, as it is a mistake I see lay people and poorly trained agents in my market make all the time.
Dan N.
7 deals have fallen due to inspection & seller not agreeing to concession
8 September 2024 | 31 replies
The investors that I work with daily are very impressed going through the process of investing in New Construction.
Aden Brust
Beginner agent strategies
6 September 2024 | 8 replies
decide to go pro if that is what you want and make sure you are doing daily tasks that a pro agent does, this is a sales position and talking to people is how you get the sale.
Heather Martini
Seeking Feedback: STR Market Insights Report
6 September 2024 | 13 replies
.- Detailed City Stats: Includes ADR (Average Daily Rate), OCC (Occupancy Rate), and revenue by bedroom count across different zip codes, top performers for that zip and what luxury properties are earning.- Target Guest Persona: Developed based on guest traffic and behaviors, two most common guest types that travel to this market and what their likes and dislikes are.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions!
Clayton Silva
Hot Topic: Fed Cut Won't Do Much (Sept 2024)
5 September 2024 | 2 replies
They have built in so much margin on the fed rate right now to compensate for daily movement.
Michael Brady
WholeSaling - Finding Seller First and Use of Contingencies
4 September 2024 | 3 replies
For outbound, you’ll need to get lists of addresses and tons of data from platforms that pull county records on a daily basis like bathleads and propstream so you can filter those records more easily by potential motivation indicators like foreclosure, eviction, probate, etc.
Ryan Lehman
Adult Family Home Rental
5 September 2024 | 12 replies
Operators of very small homes are taking home strong 6-figure incomes.It's essentially recession-proof as the supply of aging baby boom seniors needing care will be in place for the foreseeable future.Residents of an ALF are generally in need of assistance with "Activities of Daily Living", called ADL.