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23 October 2024 | 28 replies
They prevent bedbugs from entering or escaping mattresses.Routine Inspections: Regularly check mattresses, bed frames, and furniture for signs of bedbugs (small black spots, eggs, or live bugs).Furniture Choice: Choose furniture with metal or plastic legs instead of wood, as bedbugs are less likely to infest non-porous surfaces.Bedbug Traps: Place bedbug traps under bedposts and other furniture legs to catch any potential bedbugs before they become a problem.Professional Cleaning: Schedule routine deep cleans between guest stays, and if you ever suspect bedbugs, hire a pest control professional immediately.Clear Guidelines: Educate your cleaning staff on how to spot bedbugs early, and encourage them to report any signs immediately.These steps will help you set up a smooth, well-managed STR that’s ready to generate revenue while maintaining a good relationship with your LTR tenants.
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21 October 2024 | 4 replies
Maybe you refinish the existing wood floors in the bedrooms rather than install new flooring.
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18 October 2024 | 2 replies
Hi BP,Just wanted to get thoughts on different heating options.I need to install a new heating system in one of my apartment units (approx 580 sqft) but wanted to get thoughts on whether an Electric Wall Heater was a good option?
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18 October 2024 | 7 replies
If a solar system cost you $20,000 to install, it would take 148 months (12 years) for you to break even ($20,000 / $135).
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18 October 2024 | 4 replies
This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.
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20 October 2024 | 17 replies
Some of the sites include install instructions or videos.
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18 October 2024 | 8 replies
Hey Joe, Having a large number of rental properties and installment sales can certainly make your tax return voluminous, but as long as you're maintaining accurate records, filing everything correctly, and reporting all income, the size of your return itself is not necessarily an audit trigger.
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19 October 2024 | 6 replies
@Cedric Skeen a tenant who is demanding hardwood floors be installed where I don’t want them is a big no.
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21 October 2024 | 176 replies
How long will it take you pay off 1 mil loan with 7% APR with $1000/mo installment.
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18 October 2024 | 6 replies
Focus on projects that will bring a return on investment, such as updating the kitchen, bathrooms, flooring, and installing new appliances.