Ryan Leake
Behind the scenes of my STR management business
24 October 2024 | 1 reply
Property Standards- Cleaning Coordination: We work closely with our cleaning teams to ensure properties are spotless and ready for guests.- Maintenance Coordination: We coordinate maintenance tasks promptly to keep properties in great shape.- Stocking Essentials: We make sure that all necessary items, like toiletries and linens, are available for guests.7.
Michael Rost
Jackson, MS long-term buy and hold
31 October 2024 | 25 replies
again this is my perspective I was the largest HML in Jackson market from 03 to 08 and lived there for one year cleaning up all the foreclosures I had from failed landlords in 09 I lived out at Reunion which is great neighborhood but you not allowed to rent homes there..
Francis A.
In fast-growing Phoenix, higher rents have pushed more people to their financial limi
30 October 2024 | 4 replies
Clean-out crews make a living towing away whatever is left behind.The removal of renters from their homes is also a topic of increasingly broad public concern.
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.
Jeffrey Duck
How to manage trash cans for a triplex
23 October 2024 | 3 replies
Currently, I lease one of the three units to someone who keeps it clean.
Jamie Dupont
Rochester NY LTR Tenant 4K damages
31 October 2024 | 17 replies
When you select the next tenant I would certainly ensure that you have your eyes on the applications that are coming in, and ask that you are involved in the decision making process. 3x income, clean credit and background checks should be a minimum for approval, even if it takes a month or so to find someone.
Jason Kahan
Structuring a Partnership for 1031 Exchange
23 October 2024 | 4 replies
Then the partnership can be on title as the owner of both current properties and then the partnership can be the consistent taxpayer for a clean 1031 exchange.
Vince Nguyen
Creative Finance Question
24 October 2024 | 3 replies
In this case, you’d likely want to work with a real estate attorney to make sure everything’s clean and the title is transferred properly.Good luck!
Edgar Perez
Buying a halfway house / sober living house
30 October 2024 | 28 replies
But if not, I own a halfway/transitional/clean and sober house in WA and would be happy to answer your questions.
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.