I had to remove four of my out-of-state properties in order to refresh the listings and start anew. I will be lowering the asking price and seeing if that will help in the sale of these properties. Looking to either s...

I would shoot him regular updates to keep him in the loop.

Dont fall into the $/sf trap or start thinking "$50k SHOULD be able to update a small house".

Valdosta GA Market Update: Dec 2024It’s been a while since I have been active on BP, but I am back!

The Pearl is predicted to turn this area to a GLOBAL medical hotspot- forever changing Charlotte!

Given the property is located in the Poconos and the property is vacant more regularly as an STR there are proactive measures  you should  be taking such as making sure there are heating sources so that the plumbing does not freeze and ensuring there are no blocks in the plumbing lines with routine checks.

As with PCS their tax company is highly unresponsive, I filed over a month ago with no response, until I reached out for an update and they then requested more info from me.

Chris Clothier provided regular video updates, and the property management team sent frequent emails with property-specific details, tenant situations, and proactive solutions.

If I leave this amount in Sch-E, I get taxed at ordinary income tax rate at Federal and State level, which along with my regular W2 income can be substantial.

Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates.