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12 June 2024 | 6 replies
Tampa saw the greatest increase (+10.9 percentage points), followed by Jacksonville (+10.2 percentage points) and Charlotte (+8.3 percentage points).May 2024 Regional StatisticsRegionActive Listing Count YoYNew Listing Count YoYMedian Listing Price YoYMedian Listing Price per SF YoYMedian Days on Market Y-Y (Days)Price-Reduced Share Y-Y (Percentage Points)Midwest20.5%-0.1%4.4%4.4%-32.2 ppNortheast9.4%-4.1%6.1%6.6%-51.2 ppSouth47.2%8.1%0.0%3.3%44.9 ppWest34.5%9.3%0.8%4.8%-23.3 ppMay 2024 Regional Statistics vs.
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10 June 2024 | 2 replies
Upkeep and maintenance, landscaping, garden and fencing in the backyard.
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10 June 2024 | 1 reply
Licensable vacation rentals are obviously in high demand and offers can become quite competitive, I don't have any formal statistics but I'd say a quality active or eligible vacation rental sells at least twice as fast as a non STR property, the majority within days..My best advice to investors shopping for a hot or high demand asset class is:- Prepare & Practice: Get your ducks (GO UO!)
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10 June 2024 | 6 replies
They'll go away.If this were a $2,000 rental and you held it for two months, that's a loss of $4,000 (actually more because of utilities and landscaping).
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11 June 2024 | 46 replies
Also since there are 30-40 homes only, it's easy to create mean or average statistics.
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8 June 2024 | 7 replies
I'm looking for suggestions on contractors to work with especially the landscaper, pool rehab and cleaners for maintenance Thank you for your help.
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10 June 2024 | 40 replies
Hopefully it's out from under the foundation and beyond any porch or landscaping outside the building - and it isn't under a driveway.Next hire someone to repair just that section.
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8 June 2024 | 1 reply
The cost of land generally includes the cost of clearing, grading, planting, and landscaping.Land preparation costs, such as landscaping are depreciable Certain improvements made directly to land or added to it (such as shrubbery, fences, roads, sidewalks, and bridges) are generally depreciated over 15 yearsKeep in mind that depreciable rental property costs with a useful life of 20 year or less may be eligible for bonus depreciation.I don’t think the sources that you found are accurate since some of the improvements you mentioned can be depreciated and over a shorter period of time.
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9 June 2024 | 35 replies
It's part of the landscape of the W 2 wage slave.
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7 June 2024 | 2 replies
Statistically, it will if I don't get control of the situation.Taken together I'm increasingly in a situation where getting paid rent by the tenant promptly and by the city or state... eventually.