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Results (10,000+)
Nicholas Olson Flip during covid
25 July 2024 | 0 replies
I saved money on the labor cost by doing the work myself.
Sherylyn Holden New STR Rules in San Antonio affecting Hosts!
25 July 2024 | 10 replies
Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.
Jeff Schemmel Talk to tenants during showings and inspections
26 July 2024 | 1 reply
You can learn a lot from someone who's spent a lot of time on the property, and it doesn't cost you anything as long as you're polite and respectful.Lastly, you'll want to be ready for the tenants to ask YOU some questions as the buyer or agent. 
Sam Zawatsky Termite solutions- sentricon baits vs termidor liquid
25 July 2024 | 1 reply
I can get the sentricon bait system that will average out to a total cost of $484 per year over 5 years.
Shane Burke I have a water bill question
25 July 2024 | 8 replies
Probably not, be happy your water costs are actually lower than they used to be and use this as a win.If you want to prevent this in the future you can tackle this one of three ways, assuming they are allowed in your area (check before you do anything)1.
Julie Muse Church Street Success: Profitable Flip in Stockton with Seth Choate!
25 July 2024 | 0 replies
Partner Driven financed the E Church Street deal using its own capital, covering the $200,000 purchase price and $5,000 renovation costs.
Doug Smith Is your question on BP appropriate?
23 July 2024 | 10 replies
This is a great forum, but don't be surprised when Joe from Ohio, who read a Carlton Sheets book in 1988, tells you how to set up a depreciation schedule for your portfolio only to have it bite you in the butt simply because you didn't want to pay your CPA.
Esmeralda Yniguez Any drawbacks to sellers working with VA buyers?
24 July 2024 | 9 replies
I am told that it is more expensive for sellers to accept VA offers because of Termite inspections and repairs and many other costs.
Anita Z. Legal Tax Writeoffs for travel
24 July 2024 | 0 replies
Can I write off all expenses from the trip, such as hotel, meals and travel costs like gas, or airfare?
Nick M. Would you sell this building?
25 July 2024 | 10 replies
.- It's been well kept- Between transaction costs (e.g. broker fees, transfer fees), capital expenses, tax recapture I would need to sell it for $1.9M to break even.-  At it's height (2022), it could have sold for but $2.7M.