Jimmy Sont
Loan Company made a mistake, what to do?
26 October 2024 | 7 replies
Most loan packages include something you sign that says that you will cooperate with them to correct any technical errors like this and I believe it also includes the ability for them to sign for you if you don't but obviously they prefer to have clean paperwork where you have signed it.
Stuart Udis
The Rehab Cost Figure Everyone Gets Wrong
24 October 2024 | 1 reply
Site cleaning is consistently understated in rehab construction budgets.
Steven Mendiola
How Hard is it to Find Tenants?
31 October 2024 | 18 replies
Probably another $100-$200 for cleaning unless you plan to do it.
Arron Paulino
Advice on Selling Portfolio
29 October 2024 | 33 replies
It's been a struggle.I'm definitely not giving up on real estate investing and just need to clean house for a better result.
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
I'm hoping that my finances are much better at this time next year and continue to improve as the economy gets cleaned up, with the right person at the helm.
Laurieann Frazier-Duarte
Considering converting primary home into first rental investment
28 October 2024 | 8 replies
Cash flow will be around 1200.00 before maintenance set-asides.Items of concern are getting to an ARV for appeal due to minor repairs, clean-up, and available cash required to acquire a new place to live. 1.
Rene Hosman
Paint sprayer or power roller for painting an entire condo?
27 October 2024 | 4 replies
A sprayer will need to be cleaned and you will likely use a brush and roller as well because the paint will not be the same everywhere.You will probably want to use flat on the ceilings to hide imperfections.
Deborah R.
Hurricane advice - LTR flooded
5 November 2024 | 39 replies
I recommend documenting everything with the damage through photos, videos, etc. before cleaning up.
Lance Turner
LTR with an STR ADU
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.
Marlie Evans
Bonus Depreciation, safe harbors and Partial asset disposition
22 October 2024 | 8 replies
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like.