Karmine Cramer
Hi I'm Karmine!
7 January 2025 | 4 replies
This motivation lead me and a business partner to start Raise the Standard Property Management.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
And then finally, there is always the option to just claim the regular standard mileage deduction rate of $0.67/mile.
Katie Camargo
Are home warranties ever worth it on rentals?
17 January 2025 | 4 replies
In my market, I only have one vendor qualified for appliance warranty work, and the warranty companies paid him half his standard fee for each service call.
Roger Flot
Updated Insurance for renovated property
13 January 2025 | 1 reply
Best way to understand this is research appraisal standards and means.
Lorraine Hadden
Is online shopping causing the death of Malls - What does that say for Commercial RE?
5 January 2025 | 17 replies
The Hilltop Mall (standard shopping mall, Macys, JC Penny, escalators, if you were alive in the 90s you know), in Richmond CA was purchased in 2021, but the buyers aren't doing any of our brilliant peanut gallery suggestions.
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
S8 standard voucher amounts INCLUDE all utilities.
Bryan Hartlen
Anyone have good experiences with their property management company?
16 January 2025 | 9 replies
As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
However, hauling away a truckload of items and cleaning beyond standard expectations could reasonably be charged to the tenant, as it goes beyond normal use.Goodwill Gesture: Since this tenant was great for 5.5 years—paying on time and caring for the property—you might consider waiving part of the cleaning cost as a goodwill gesture.
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
While technically negotiable, the Sitzer/Burnett case revealed that the industry practice effectively standardized these rates.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.