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7 March 2024 | 27 replies
As the project manager, I will either hire a GC or licensed tradespeople to do the work that requires pulling permits and passing all inspections required by code.
7 March 2024 | 8 replies
There haven't been many other complaints to my property manager. I
5 March 2024 | 26 replies
Turnkey properties are typically fully renovated and rented out, allowing investors to generate passive income from day one.Regardless of how investors get started, patience, persistence, and a willingness to learn are key attributes for success in real estate investing.
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5 March 2024 | 10 replies
So, if i have a full time w-2 job (unrelated to real estate) and a out of state rental that is managed by a rental property manager, i can not use bonus depreciation to write off my w-2 income?
5 March 2024 | 4 replies
However, it is also important to consider the applicant's income level, employment stability, and any other positive attributes they may bring to the table.Ultimately, the decision to accept or reject the couple as tenants will depend on the landlord's specific policies and risk tolerance.
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4 March 2024 | 0 replies
The IRS requires that you separate the value of the land as land is a non-depreciable asset, thus you are not able to receive a depreciation deduction for the value attributable to the land.
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4 March 2024 | 18 replies
To achieve this, we have applied the following filter criteria:Only properties with 2 bedrooms and 2 bathrooms have been considered for this analysis.We are only considering listings with over 30 reviews in the past 12 months.The findings are presented in the chart below:Here are some observations:The average daily rate for a 2-bedroom / 2-bathroom unit throughout the year stands at $308.Rates tend to be higher during the months of May, June, and July.Conversely, the lowest average daily rates occur in December, January, and February.It is important to note that the increase in the average daily rate during January is not attributable to increased demand, as indicated in the seasonality section.
4 March 2024 | 11 replies
I made no mention of a property manager. I
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4 March 2024 | 34 replies
I need independent verification that the manager is correct and, if not correct (and I believe he is wrong) then an e-letter to the manager telling him that.
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4 March 2024 | 31 replies
Whereas Harvey has upwards of 350 units under management, LIV Indy fancy’s themselves as more of a smaller, 1-1 boutique management company that is based on an intimate relationship between landlord and property manager. I