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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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17 October 2024 | 4 replies
@Courtney HamiltonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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15 October 2024 | 8 replies
They come to realize fractional ownership in a semi-active project with far less control is not as advantageous and eliminates the ability to build the more personal and meaningful relationships with lenders that comes with going through the more natural progression of growing a portfolio and business.
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16 October 2024 | 14 replies
Seems you could be unnecessarily giving away equity for no good reason unless they can provide something of meaningful value.
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26 October 2024 | 25 replies
My only thing is I’m looking to position myself in a way that encourages them to engage my ad to begin with.
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16 October 2024 | 6 replies
City government under new Mayor administration is already showing signs of improvement over past administration which is encouraging as well.
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17 October 2024 | 4 replies
If they wish for the added benefit of controlling their temperature for their comfort they are encouraged to use that. 5.
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16 October 2024 | 18 replies
This is participation trophy culture and reverse trolling at its finest.I guess from now on, you can only give back pats, hold people's hands on their journey, and encourage them, and not tell them the truth about their questions, investment ideas, or future plans.
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19 October 2024 | 16 replies
While I'm not a lawyer and I would always encourage you to speak to one I believe you can 1031 homes but I would say it's much more powerful as you scale with commercial.
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14 October 2024 | 4 replies
Without REPS, the passive losses from these rental activities may still be subject to passive activity loss limitations, so it may not yield any meaningful tax advantage.