Daniel Reed
Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
25 December 2024 | 11 replies
I’ve focused mainly on Florida but have also looked at options in Sacramento and other slightly more remote locations in CA.While I’m familiar with value-add strategies (ADUs, renovations or storage rentals), these seem like heavy lifts for modest gains.
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
13 December 2024 | 11 replies
Think basic, durable furniture that looks good but can withstand college life.4.
Trace Adams
New real estate company idea
28 December 2024 | 1 reply
This will likely be the smallest aspect of the company but seems like a sensible value add to the other aspects of the company, since we will have a storage unit with furniture/furnishings ready to go-Photographing properties for FSBO listings, or for clients we get for the furnishing/management side of the biz.
Burt L.
City Right of Way Agent Greatly Misrepresented Project To Gain Construction Access
9 December 2024 | 9 replies
I would be happy to have them move the large storage shed and its whatever contractor provides an acceptable bid rather than city employees doing the work.
Bryant Xavier
STR vacancy ideas
27 December 2024 | 8 replies
I'm a STR owner / manager located in Texas (Bryan /College Station, TX specifically.)
Henry Clark
Self storage- Political impact November 2024
25 November 2024 | 2 replies
At some point the House wins.To put it in Self storage terms, very similar to my C market comment above.
Phillip Austin
Should I fire one of my owners?
28 December 2024 | 7 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
Deborah Wodell
Private Money Lenders Using Their Own Funds?
30 December 2024 | 14 replies
I'm working on another private loan now on a self-storage opportunity partnering my Roth IRA and HSA.
Jessica Lundin
Renovated our first home and did surprisingly well
7 December 2024 | 0 replies
The previous owner had paid $335,000 for it 2 years before for a 2bd/1ba home!
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.