David Ounanian
What are common landlord expenses, and who covers them? Landlord or tenant?
16 November 2024 | 3 replies
Emergency Maintenance: Regular maintenance is on the owner, emergency repairs might be charged to tenants if they caused the problem.By proactively managing these expenses and clearly communicating responsibilities to tenants, property owners can maintain their properties effectively while minimizing unexpected costs.
Patrick Roane
Getting ready to purchase an SFR rental
19 November 2024 | 11 replies
One other positive side effect of having leverage on the property is that it is less of a target for a potential lawsuit.At the end of the day it really comes down to your objectives and goals as well as your personal preferences and comfort level.
Julie Muse
Rolling Prairie Renovation Success: Profitable Flip with Ron Rowan!
13 November 2024 | 0 replies
By negotiating effectively, we reached a deal that suited both parties, allowing us to focus on planned renovations that would significantly increase the property’s resale value.
Tom LaRocque
Higher deductible killed conventional and FHA - Now what?
16 November 2024 | 3 replies
I've been told the higher deductible also effectively killed FHA financing.
Justin Cummings
BRRRR exit strategy or next steps?
20 November 2024 | 14 replies
Pair these steps with robust tax planning to manage profits and losses effectively while aligning your portfolio with long-term goals.This post does not create a CPA-Client relationship.
Dhawal Shah
Airbnb / STR Property Management Tools / Recommendations?
13 November 2024 | 11 replies
We manage about 80 so likely some of these may not be cost effective for you if you have a smaller portfolio:PMS: StreamlinePricing: RevMax (but I also recommend Beyond Pricing)Channel Manager: BookingPal (RentalsUnited is also good)Automations (Locks, Thermostats): LynxAirDNA for market dataHope that helps!
Arkadiy Iliyayev
Trump Presidency: What impact on McAllen, TX & other Border Towns - Rio Grande Valley
13 November 2024 | 4 replies
My opinion is that the overall direct effect of immigration policy on any given market will pale in comparison to other factors such as the economy, inflation and deregulation.
Austin Gabriel
Lead Sherpa Additional Costs
14 November 2024 | 2 replies
If so, how effective has it been?
Nick Rivers
Turning LTR into a mid or short term? Do I need to furnish?
14 November 2024 | 2 replies
That is the best site, super cost effective, for finding the best MTR guests.
Kylie A.
EA OR CPA Whats the best in your opinion?
18 November 2024 | 15 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.