Kristin Solbach
STR to LTR - is it possible?
14 November 2024 | 30 replies
They aren’t fancy but they preform well and I’ll do two cost segs this year.
Ivan Smith
Eviction advice needed in Phoenix, AZ
7 November 2024 | 15 replies
As for the way that they are living, you should be doing routine inspections and then hold them accountable.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Just please don't take away my mid afternoon 'soap opera' that has found its place in my weekly routines.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
Focus on the simple basic transactions like a dentist does with routine teeth cleaning.For all agents out there, I'm not saying there isn't a need for high end service because top agents will always be need and wanted by their clients for no other reasons than perhaps the security that comes from the feeling of paying top prices for top service.
Julio Gonzalez
When to Capitalize vs Expense
5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
Zachary Engen
Micromanaging my STR property manager
6 November 2024 | 18 replies
They are there to help you as you have requested, but it is still your business and you yourself are ultimately accountable for its success or failureLetting your property manager own the property listing on Airbnb is like a head chef letting the dishwasher set the menu at a fancy restaurant.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Unless you buy into the fancy overpriced properties (a minority), properties like-for-like are much cheaper than in North America and the building quality is either the same or even superior;2.
Constantinos Zavos
Off Market Deals - What is the best way to find / approach them?
6 November 2024 | 8 replies
I have friends that routinely complain about it.
Jamie Parker
Reinvesting in the business (How to structure paying self)
15 November 2024 | 17 replies
Not 2-hour morning routines or more education/inspiration/motivation/etc.
Isadore Nelson
Rental Demand Philidelphia?
11 November 2024 | 20 replies
Zillow doesn't tell the story I shared on the 19119 zip code but driving the neighborhood, walking properties, observing the daily routines of those who live there and listening to residents articulate their wants and needs does.